look news india
Gold Silver Price Today: The global geopolitical crisis has increased the demand for safe havens. Due to this, the prices of gold and silver have increased. An increase of Rs 300 to 400 has been seen in the prices of gold and silver in MCX futures market today. After a period of weakness, the dollar index rose to a six-week high ahead of US jobs data.
Gold on MCX is Rs. After opening with a fall of Rs 168, at 12.13 pm it was trading at Rs 75800 per 10 grams with a rise of Rs 281. Silver Rs. Reached Rs 210. 932150 per kg was being quoted. Globally, spot gold touched a new record high of $ 2,687.70 an ounce. An increase has also been seen in platinum and palladium.
Silver shined in Ahmedabad
In the local market Ahmedabad, the shine of silver is continuously increasing compared to gold. Which is struggling to reach its new record high. Yesterday the price of silver was Rs 100. Increased to Rs 1000. 91000 per kg. While the price of gold is Rs. 78200 per 10 grams remained at a record high.
Demand expected to increase during festivals
Jewelers are hopeful that purchases of gold and silver will increase in the festive rush starting from Navratri. However, record prices for the precious metal could be a challenge this year. The common consumer can purchase more or less gold and silver.