Gold Price Today on 3rd July: There is a softening in the prices of gold and silver. Due to fall in gold prices in the international market, the price of 10 grams is trading near Rs.58,090.
Gold Price Today on 3rd July: There is a softening in the prices of gold and silver. Due to fall in gold prices in the international market, the price of 10 grams is trading near Rs.58,090. Today gold prices are falling by Rs 120. Please tell that gold and silver have recovered from the low level of 3.5 months. On Friday, on a weekly basis, gold had closed up by about half a percent and silver by 3%.
Gold rate in international market
The rate of gold is also declining in the international market. Gold price on Comax is trading at $1926 per ounce. While a slight strength is being recorded in the prices of silver. Silver rate on Comax has crossed $23 per ounce.
Outlook on Gold and Silver Prices
Commodity market expert and Vice President of IIFL Securities Anuj Gupta said that further decline can be seen in gold. August contract of gold on MCX can touch the level of Rs 58000. For this, sell at Rs.58500 with a stoploss of Rs.58850. However, silver is expected to rise. Silver rate on MCX can reach the level of Rs 70800.
