Gold Price Today: Today i.e. on Wednesday, once again ups and downs are being seen in the bullion market. The price of gold has slipped from the upper levels in the futures market.
Gold Price Today: There are ups and downs once again in the bullion market today i.e. on Wednesday. The price of gold has slipped from the upper levels in the futures market. The gold rate on MCX has slipped below Rs 60200 per 10 grams. Similarly, the prices of silver have also fallen. The price of 1 kg silver has become cheaper by Rs 320. Silver is trading at Rs 71844 per kg on MCX.
Price in international market
There is vigorous action in the prices of gold and silver in the international market as well. On Comax, gold is trading at $1977 per ounce with slight strength. While silver is trading at $ 23.53 per ounce with slight softening. The reason for the stir in the prices of both the commodities is the talks on Debt Ceiling in the US. Due to this, recovery is being seen in gold from lower levels.
What is the opinion of the expert?
Manoj Kumar Jain of Prithvi Finmart gave his outlook on silver. He said to sell silver on MCX. Sell it at Rs 72700 level. For this, there is a target of Rs 71500 and a stop loss of Rs 73300.
