Today Gold & Silver Price : Despite the decline in the international market, the prices of gold and silver are increasing in the domestic market. Trading started in the Indian market on Tuesday 7 May with a good rise in the prices of gold and silver. While gold opened with a gain of more than 300 points, silver also opened with a gain of more than 800 points.
today’s price of gold and silver
Around 10:00 am, gold on MCX was up 368 points and was trading at Rs 71,000 per 10 gram. It had closed at Rs 70,600 in the previous trading session. During this period, silver was registering an increase of 1,070 points. Its price was recorded at Rs 82,113 per kg.
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What are the signals from global markets?
A fall in the price of gold was seen in the global markets. Spot gold in America fell 0.05 percent to $ 2302.09 per ounce. There was a decline of 1.8% here in two weeks. Future gold also remained in decline. In fact, expectations of interest rate cuts increased after lower than expected jobs data in the US.
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There was a decline in the bullion market
If we look at the prices of the bullion market on Friday, according to the weak trend of the global market, gold fell by Rs 350 and closed at Rs 72,000 per 10 grams in the bullion market of the national capital. Silver price remained stable at Rs 83,500 per kg.
