At present, the price of gold is below the level of Rs 51,500 per 10 grams. On the other hand, silver once again crossed the level of Rs 68 thousand per kg.
There was a softening in gold prices today
Today’s performance of gold and silver is mixed. However, the change in the prices of both the metals has remained within a range. Gold in today’s trade (gold price today) has seen a slight decline. On the other hand silver (silver) there has been a limited increase in prices today. At present, the price of gold is below the level of 51500. At the same time, silver once again reached beyond the level of 68 thousand. According to experts, the effect of signals received from foreign markets has been shown on the prices of the domestic market. Russia Ukraine Crisis (Russia Ukraine CrisisWith the onset of ) there was a sharp jump in the prices of gold and silver. However, a softening trend is being seen in the prices.
Where did the prices reach today?
According to the information given by HDFC Securities, there was a limited fall in gold prices today and the prices fell by Rs 22 to Rs 51415 per 10 grams. This reduction in prices has been in line with the signals received from the foreign markets. In the last trading session, gold had closed at Rs 51,437 per 10 grams. On the other hand, silver has seen an increase today. With the help of foreign signals, silver rose by Rs 162 to Rs 68,137 per kg today. In the last trading session, silver had closed at Rs 67,975 per kg. In the international market, gold was trading below $ 1930 an ounce, while silver was above $ 25 an ounce. According to Tapan Patel, Senior Analyst (Commodities) HDFC Securities, gold prices have seen a fall due to the strengthening of the dollar and the rise in US bond yields. The signals from the foreign markets have affected the prices in the domestic market.
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