Saturday , November 23 2024

Gold near Rs 80,000 amid global cues, so will silver now reach Rs 1,00,000, say experts?

Gold Price 768x432

Gold Silver Price: Gold has seen a fresh rise in markets around the world amid rising domestic demand and ongoing tensions in the Middle East. Gold prices in Indian markets have reached the historic level of Rs 80 thousand.

In the national capital Delhi, the price of gold increased by Rs 550 to Rs 79,900 per 10 grams from Rs 79,350. Meanwhile, the price of silver per kg in Delhi increased by Rs 1,000 to Rs 94,500. On Multi Commodity Exchange (MCX), gold for December delivery stood at Rs 77,620. Whereas the price of silver futures increased by Rs 1,231 or 1.34 percent to Rs 92,975.

Will silver reach one lakh…
Market experts believe that the price of gold is going to reach the level of 80 thousand. Once the price of silver reaches the level of Rs 95 thousand, there is a strong possibility of it reaching the level of Rs 1 lakh. After achieving the level of Rs 95 thousand for silver, it is important to maintain it.

Gold has touched the level of 2700 dollars in the global market,
Gold and silver prices have reached record highs in global markets. The price of gold increased by 0.76 percent to $ 2,728.10 an ounce. Whereas the price of silver has increased by 1.70 percent to $ 32.32 per ounce.

What are the prices of both precious metals in Ahmedabad?
On the other hand, fluctuations in the prices of gold and silver were also seen in Ahmedabad. In Ahmedabad, silver rose by Rs 500 to Rs 92,500 from Rs 92,000. While the price of gold (99.9) increased by Rs 500 from Rs 79,300 to Rs 79,800 per 10 grams. While gold (99.5) was Rs 79,100 to Rs 79,600.