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The price of gold is increasing for the third consecutive day. Both gold and silver are continuously increasing in the country’s futures market Multi Commodity Exchange. Gold prices are rising due to the ongoing political turmoil in South Korea and Syria. If we include the last two days and today Tuesday also, an increase of more than Rs 1250 has been seen in the prices of gold.
In foreign markets, gold has reached close to $2,700. The special thing is that the dollar index is crossing the level of 106. According to experts, investors are waiting for the Fed meeting. After which a strong rise in the price of gold can be seen. So let us know the new price of gold and silver on Tuesday.
Increase in gold prices?
A good rise in the price of gold is being seen in the Multi Commodity Exchange. Gold prices are seeing an increase for the third consecutive trading day. At 9.45 am, gold prices were trading at Rs 77,730 per ten grams, up by Rs 244. Whereas a day earlier the price of gold was seen at Rs 77,486. However, on Tuesday, gold opened at Rs 77,551. Since December 5, the price of gold has seen an increase of Rs 1,254. That means for investors, gold has increased by 1.64 percent.
How much will the price of silver increase?
A rise in silver prices is also being seen in the Multi Commodity Exchange. At 9.50 am, silver was trading at Rs 95,330 per kg with a rise of Rs 133. While silver also touched the day’s highest level of Rs 95,359 during the trading session. Whereas a day ago the price of silver was seen at Rs 95197 per kg. This morning silver opened at Rs 95119. However, from December 5, silver prices increased by Rs 5. An increase of 2,935 has been observed.
Know the price by missed call
To know the retail rates of 22 carat and 18 carat gold jewellery, you can give a missed call to 8955664433. Rates will be available soon through SMS. Also, for continuously updated information, you can visit www.ibja.co or ibjarates.com.
