The effect of the global situation is visible on the prices of gold and silver. Even today, both gold and silver are trading rapidly in the local market. In the futures market, 10 grams of gold is priced at Rs. An increase of more than 523 has been recorded. At the same time, the price of silver also remained at Rs 200 per liter. 123 to Rs. Has reached 84,000.
Gold prices rise on MCX
Today, gold is being sold at Rs 250 per liter on the futures market i.e. MCX. With an increase of Rs 523. 72,800 at the level of 10 grams. On Monday, 24 carat gold futures market closed at Rs 72,277 per 10 grams.
Silver reached near Rs 84,000
Along with gold, the price of silver is also continuously increasing. On Tuesday, silver in MCX i.e. futures market was priced at Rs. 159 to Rs. 83,996 per kg. On Monday it was Rs. It had closed at Rs 83,851 per kg.
What is the price of gold and silver in the international market?
The effect of increasing tension between Iran and Israel can be clearly seen on gold prices. Internationally, June futures gold on COMEX was up $5.11 at $2,386.8 an ounce. On Comex, the May futures contract of silver was trading at $ 28.77 an ounce, down by $ 0.12. According to experts, there are international reasons behind the huge increase in gold prices in India. The increasing tension between Iran and Israel has made investors restless. In such a situation, he is considering gold as a safe investment option.