On Monday, the gold price on MCX climbed up to reach the day’s high of Rs 59,496 per 10 grams around 11.30 am.
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Gold Rate Today: Amidst the ever-increasing inflation in the country, the prices of gold are also not taking the name of decreasing. Due to which buying gold is becoming expensive day by day for the common people. And there the investors investing in gold are benefiting a lot. mcx But on Monday, the price of gold has increased and reached the day’s high of Rs 59,495 per 10 grams around 10:30. On the other hand, silver was seen trading at Rs 68485 per kg with some decline.
These days the prices of gold are continuously increasing. If you are currently thinking of investing in gold, then you can earn profits by investing in gold. On the other hand, if you are thinking of making jewellery, then it can be a deal of your loss. At present, there is a fast trend in the gold-silver market these days. It has shaken the stock market of the whole world including America and Europe. That’s why the prices of gold are increasing continuously. Due to this gold has reached beyond 59 thousand.
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Gold rate can cross 60 thousand
Last month there was a fall in the prices of gold. Due to which the common people got some relief in buying gold and in the month of March, the price of gold has started increasing again. In the beginning of this month, gold was near 55 thousand. Now in the coming few days the price of gold is likely to cross the level of 60 thousand.
This is the future price target of gold
According to Commodity Research Vice President, IIFL Securities, the future price target of gold for April 5 on MCX has been kept at Rs 59479 per 10 grams. At the same time, the future price target of silver for May 5 has been kept at Rs 68411 per kg. If we calculate the returns on all kinds of investments at present, then it will be known that gold has become everyone’s father. Since the beginning of this year till now, there has been an increase of about 7 to 8 percent in the price of gold.
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Know the price of gold like this
If you want to know the new rates of gold and silver sitting at home, then you can know the rate of 24 carat, 22 carat and 18 carat gold by giving a missed call on 8955664433. After some time, you will get the new price of gold through the message. Also, you can know the latest prices of gold and silver by visiting www.ibja.co or ibjarates.com and mcxindia.com website.
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