look news india
Gold and silver futures prices have had a weak start to the week. The futures of both are open with low prices. Today, on Monday, November 11, gold futures prices are trading around Rs 76,750 and silver futures prices are trading around Rs 90,950. A huge fall is being seen in the future prices of gold and silver in the international market also.
gold price fell
Gold futures prices have started with a decline. The benchmark gold December contract on the Multi Commodity Exchange today opened with a fall of Rs 304 at Rs 76,968. This contract was trading at Rs 76,785 with a fall of Rs 487. At this time it touched an intraday high of Rs 76,968 and an intraday low of Rs 76,716. This year, gold futures reached an all-time high of Rs 79,775.
Silver prices also remained sluggish
Silver futures also started with a decline. The benchmark silver December contract on MCX opened today with a fall of Rs 266 at Rs 91,003. The last contract was trading at Rs 90,951 with a fall of Rs 318. At this time it touched an intraday high of Rs 91,003 and an intraday low of Rs 90,730. This year, the futures price of silver crossed the highest level of more than Rs 1 lakh.
Keep this in mind while buying gold
Never ignore quality while buying gold jewellery. Buy jewelery after looking at the hallmark, as this is a government guarantee of gold. Let us tell you that the only agency in India is the Bureau of Indian Standards (BIS), which sets hallmarks. All carats have different hallmark points that you should look for and understand when buying gold.
Fall in gold and silver prices in international market
Today, gold and silver futures prices started with a decline in the international market. Gold opened at $ 2,692.10 an ounce on Comex. The previous closing price was $2,694.80 an ounce. Last time it was trading at $ 2,675.70 an ounce, down by $ 19.10. Silver futures on Comex opened at $31.41, higher than the previous close of $31.44. Last time it was trading at $ 31.24 an ounce with a fall of $ 0.20.
Shipping charges and taxes vary
Let us tell you that the standard price of gold of different purity is known from the Indian Bullion Jewelers Association. The prices declared by IBJA are universal across the country. But these prices do not include GST. Gold and silver rates are higher when buying jewelery due to taxes involved ,
Check gold and silver prices by missed call
You can know the price of gold and silver even by making a missed call sitting at home. To know the price of 22 carat and 18 carat gold, you can give a missed call on 8955664433. Within some time you will get the new price information through SMS on your mobile.