Gold Silver Rate Today: It is the fourth or last Monday of Sawan in the country and today both gold and silver are selling at a slight increase in the bullion market. Gold and silver have returned to the bullion trend for some time, whereas on the day of the budget, gold had fallen by Rs 4000. After reducing the custom duty on gold, gold stocks and gold rates all fell, but soon the bullion market recovered from this and now the prices are rising again. In the coming week, the festival of Rakshabandhan is on 19 August and if brothers and sisters are looking for an opportunity to give gold and silver gifts for this day, then shopping can be done today also.
Gold and silver prices at 11.30 am
In the commodity market, October gold futures on MCX rose by Rs 68 to Rs 69977 per 10 grams. Silver has become costlier by Rs 369 in its September futures and has come down to Rs 80912 per kg.
Gold and silver rates in domestic bullion market
The rate of gold and silver in the bullion market of India is Rs 64700 per 10 grams for 22 carat and Rs 70580 per 10 grams for 24 carat. 22 carat gold is currently available below Rs 70,000 per 10 grams and this can become a buying opportunity for investors as there is every possibility of gold prices rising in the coming festive season.
Gold price in four major metro cities (per 10 grams)
Delhi: 22 carat Rs 64850, 24 carat Rs 70730
Mumbai: 22 carat Rs. 64850, 24 carat Rs. 70580
Chennai: 22 carat gold Rs 64700, 24 carat Rs 70580
Kolkata: 22 carat gold Rs 64700, 24 carat Rs 70580
This is how the prices of gold and silver opened in the futures market in the morning
In the morning, the price of gold on the Multi Commodity Exchange increased by Rs 25 to Rs 69920 per 10 grams and the price of silver remained at Rs 80232. Today gold went down to Rs 69714 per 10 grams on MCX and silver went up to Rs 80950.
Gold and silver rates in the global market
On Comex, gold is at $2473.95 per ounce and silver is at $27.66 per ounce. Silver is seeing a nominal rise of 0.30% and gold is seeing a nominal rise of 0.01%.
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