Gold Price Today: Once again the movement in the commodity market has intensified. Due to this, there is a rise in the prices of gold. Gold has become costlier by Rs 230 on MCX. The latest price of gold has crossed Rs 60,860 per 10 grams.
Gold Price Today: Once again the movement in the commodity market has intensified. Due to this, there is a rise in the prices of gold. Gold has become costlier by Rs 230 on MCX. The latest price of gold has crossed Rs 60,860 per 10 grams.
Similarly, the price of silver has also increased. In the domestic futures market, the price of one kilogram of silver has become costlier by Rs 210 and has crossed Rs 77260. The reason for the rise in the domestic market is the action in the global commodity market.
Gold and silver prices last week
Strong action was seen in the commodity market last week. Gold on MCX touched a new high of Rs.61845. At present, gold is cheaper by about Rs 1000 from the record high. Silver also touched a new peak of Rs.78,190. So far this year, gold and silver have given positive returns of more than 10%.
Gold and silver rates on comax
The price of gold in the international market is $2030 per ounce. Similarly, the price of silver is also close to $ 26 per ounce with a slight increase. The reason for the sluggishness in gold and silver prices on Comex is the recovery in the dollar index.
Let us tell you that last week gold prices made a new peak and touched the level of $ 2082 per ounce. Last week, there was a gain of 1.25 per cent in the prices of gold. Silver also touched a 13-month low.
What is the estimate of the commodity expert
Amil Sajeja of Motilal Oswal Commodities said that there may be a softening in the prices of gold and silver in the coming days. Gold prices on MCX can go up to Rs.60350.
For this a stop loss of Rs 61100 should be kept. Similarly, MCX has given a target of 76500 and 76300 rupees for silver. For this a stop loss of Rs 78100 has been given.
