Gold-Silver Rate: While the price of gold saw a fall in the domestic market on Monday, it suddenly rose at a high speed after breaking the futures market. On the other hand, the price of silver broke all records and touched a new high level.
Gold-Silver Rate: On the first day of the week, a big change was seen in the prices of gold and silver. On the one hand, gold became cheaper, while on the other hand, the price of silver in the domestic market has reached a new peak. According to PTI, gold rates in Delhi have fallen by Rs 500 per 10 grams to its record level. At the same time, silver touched a new lifetime high level of Rs 1,32,300 per kg with an increase of Rs 300.
This is the new rate of 24 carat gold
According to the All India Sarafa Association, gold of 99.9 percent purity fell by Rs 500 on the last trading day to Rs 1,13,300 per 10 grams (including all taxes). It seemed to have put a break on the rise that was going on for the last four trading days. Earlier, on Friday, the last trading day of the last week, gold had reached a record level of Rs 1,13,800 per 10 grams with a jump of Rs 700. Apart from this, gold of 99.5 percent purity also fell by Rs 500 to Rs 1,12,800 per 10 grams.
Strong fluctuations in prices on MCX
While gold prices fell in the domestic market, there was a strong fluctuation in gold-silver rates on the Multi Commodity Exchange. On the one hand, gold of 999 purity with expiry date of October 3 fell by Rs 308 per 10 grams to Rs 1,09,062, while after some time it again jumped and managed to touch the figure of Rs 1,10,330 per 10 grams.
On MCX, the condition of silver was similar to that of gold and its silver with expiry date of 5 December started trading at Rs 1,27,121 and jumped to 1,29,123 in the initial trade, but then its price also started falling and it was seen trading at Rs 1,28,510 per kg with a fall of Rs 328.
Gold had run up a lot last week
Last week, the price of gold was seen running at a rapid pace. The price of 24 carat gold on MCX was Rs 1,07,728 per 10 grams on September 5, but after this it shone so much that on last Friday, September 12, its price reached Rs 1,09,356 per 10 grams. On Monday, it broke all records and touched a new high level. Gold also made a big jump in the international market and it reached $ 3685 per ounce.
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