Highlights
- On MCX, the price of gold fell by Rs 84 to Rs 50902 per 10 grams.
- Silver prices fell by Rs 137 to Rs 61390 per kg in the futures market.
- Gold fell 0.7% today at $ 1,844.25 an ounce in the international market
Gold silver rate: The effect of the increase in interest rates by the Federal Reserve in the US is also visible on the prices of gold and silver. The prices of gold and silver are changing from international to Indian market. On Friday, there was a slight decline in the prices of gold and silver in the futures markets. On the other hand the international market of gold is also showing weakness.
Talking about the morning trade on Friday, the price of gold on MCX broke down by Rs 84 and came down to Rs 50902 per 10 grams. At the same time, the same is the case with silver. Silver also fell by Rs 137 as soon as the commodity market opened. At present, the price of silver is down by Rs 137 to Rs 61390 per kg. But on Thursday, there was a rise in gold and it climbed Rs 600 to cross 51000.
fall in international market
There is a downward trend in the international market of gold. Gold prices fell 1.5 percent on Thursday. Spot gold fell 0.7% to $1,844.25 an ounce today. With this, this week is going to be a big fall for gold. In the global markets, gold prices declined today. The decline was driven by a stronger US dollar and rising US Treasury yields.
These were the prices on Thursday in the bullion market
There was a slight fall in the price of gold in the Indian bullion market on Thursday. At the same time, there has been an increase in the price of silver. Ten grams of gold of 999 purity is available for Rs 50861, while one kg of silver has gone up to Rs 61074. Silver has once again crossed Rs 60,000 per kg.
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