Gold Silver Price: Gold and silver prices have come down, check the latest rates here

Gold Silver Rate: Today, gold is seeing a significant decline. Gold prices have fallen by around Rs 250 and silver is also weak. Silver prices are also seen in lower range. If we look at today’s trading in the commodity market, the prices of both the precious metals are down. Check how much gold and silver prices are falling.

What are the gold prices on MCX?

Gold was down by Rs 244, or 0.42 per cent, at Rs 58,505 per 10 grams at the Multi Commodity Exchange. If we look at its low today, it had fallen to Rs 58401. Along with this, gold touched the upper limit of Rs 58437. These gold prices are for October futures.

See Silver Rates

If we look at the price of bright metallic silver, it remains unchanged at Rs 69570 today. Its rate has seen a decrease of 152 rupees or 0.22 percent. If you look at the price of silver below, it reached Rs 69376 today and above silver price reached Rs 69619. These silver prices are for its September futures.

Status of gold and silver in the international market

Gold fell to $1,904 per ounce yesterday in the international market, while silver rose sharply to $22.70 per ounce.

According to PTI, Mohammad Imran, Research Analyst, BNP Paribas via Share Khan said that the attractiveness of investing in gold has been reduced due to better than expected US economic data, which has led to gold prices. 1900 has fallen near the USD level. On the other hand, Somal Gandhi, senior analyst (commodity) at HDFC Securities said investors will now judge their investments in precious metals based on the details of the US Federal Reserve’s July meeting.

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