Gold Silver Price Today: Due to the brightness in the global bullion market, there is a strong jump in the prices of gold and silver in Indian markets as well. The price of gold has become costlier by Rs 128 on MCX.
Gold Silver Price Today: Due to the brightness in the global bullion market, there is a strong jump in the prices of gold and silver in Indian markets as well. The price of gold has become costlier by Rs 128 on MCX. In the futures market, the price of 10 grams is trading at the rate of Rs.58435. The price of silver on MCX has also become costlier by about Rs.850. The price of one kilogram is being sold at Rs.68924.
Gold in international market
There is a sharp rise in the prices of gold and silver in the international market. Gold price on Comax is trading at $1936 per ounce. Silver is also trading near $23 with a strength of about 2 percent. The price on Comax is trading at $ 22.77 per ounce. Due to this, a weekly decline of 2% in gold and 7.5% in silver was recorded last week. Due to this, the prices of gold and silver had reached the lowest level of 3 months.
Expert opinion on gold and silver
According to Amit Sajeja of Motilal Oswal Commodity, buy the August contract of gold at Rs 58300. A target of Rs 58900 per 10 grams has been given on the stock. For this, keep a stoploss of Rs.58050. He has also given buy opinion on MCX Silver with a stoploss of Rs 67900. Along with this, a target of Rs 70000 has also been given.
