Gold prices reached a record high a day ago and the price reached a record high of Rs 60,455. If experts are to be believed, profit booking is being done towards the investors.
Image Credit source: File Photo
There has been a big change in the price of gold in the last 24 hours. During this, a fall of more than Rs 1,400 has been seen in the gold price in the futures market. Because of which the price has come close to 59 thousand. Gold prices reached a record high a day ago and the price reached a record high of Rs 60,455. If experts are to be believed, profit booking is being done towards the investors. Fed’s policy rate will be announced on March 22, in which the price of gold can again increase.
Gold cools down in futures market
There is a decline in the price of gold on the Indian futures market Multi Commodity Exchange. Gold is trading at Rs 59,118 per ten grams with a fall of Rs 388 at 6.30 pm. Gold had reached Rs 59,032 in the trading session. By the way, gold had opened at Rs 59,594 this morning and by the time the market closed a day earlier, the price of gold had come down to Rs 59,506. By the way, a day ago the gold price had reached a record high of Rs 60,455. This means that in 24 hours the price of gold has come down by Rs 1,423. Since March 8, the price of gold has increased by more than 9 percent.
Read also:Bitcoin created a mountain of trust among sinking banks, made huge earnings in 2 weeks
Increase in silver on MCX
On the other hand, an increase in the price of silver is being seen in the futures market. According to the data, silver is trading at Rs 68,958 with a gain of Rs 101 at 6.30 pm. By the way, the price of silver had reached Rs 69,260 during the trading session. By the way, today silver opened with a speed of Rs 69,008. By the way, silver had closed at Rs 68,838 a day ago.
Read also: Gold crossed 60 thousand rupees due to these 8 reasons, now eye on 65 thousand rupees
gold became cheaper in delhi bullion market
On the other hand, in the bullion market of the country’s capital, a fall of Rs 470 has been seen in the price of gold on Tuesday and the price of gold remained at Rs 59,480 per 10 grams. A day ago, gold had closed at Rs 59,950 and reached a lifetime high of Rs 60,100. Silver also declined by Rs 420 to close at Rs 68,550 per kg. In the international market, gold declined to $ 1,967 an ounce, while silver was trading with losses at $ 22.39 an ounce.
: Language Inputs