Silver Price Today In India
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Silver Price
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Gold rates rose modestly today. At around 10.40 am, gold was trading at Rs 50,250 per 10 grams, up Rs 117 on the Multi Commodity Exchange (MCX). Silver, meanwhile, traded higher by Rs 44 to Rs 60,440 per kg.
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Gold rates rose modestly today. At around 10.40 am, gold was trading at Rs 50,250 per 10 grams, up Rs 117 on the Multi Commodity Exchange (MCX). Silver, meanwhile, traded higher by Rs 44 to Rs 60,440 per kg.
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On Monday, gold prices fell by Rs 194 to Rs 50,449 per ten grams in Delhi's local bullion market due to weakening of precious metals in global markets. Gold and silver traded lower at 185 1857 an ounce and 22 22.70 an ounce, respectively, in the international market.
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According to market insiders, the last few days have seen a steady decline in gold. There was some recovery due to buying from traders. According to market insiders, gold prices will see a further decline in the coming days. Gold can go up to Rs 48,000 per ten grams. On the other hand, by Diwali, gold prices could rise again. Gold prices could reach their highest level by December. According to Amit Saseja, Associate Vice President, Motilal Oswal, Spot Gold has good support at 1,840 per ounce. Gold on MCX is likely to go up to Rs 48,000 per ten grams. However, by Diwali, gold prices will rise again. He advised investors to invest in gold at a rate of Rs 500 to Rs 600.
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According to Anuj Gupta, deputy vice-president, commodities and currencies, Angel Broking, gold prices are likely to fall in the next few days. By Diwali, gold prices will be bullish once again. By Diwali, gold could again touch Rs 52,500 to Rs 53,000 per 10 grams. While the price of gold can go up to 55000 on MCX and 57000 in retail bullion.
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Silver Is Industrial And Precious Metal. The Demand Of Silver In India Is Day by Day Increased. Silver Market Changed Everyday Even Every Minutes. There Are Many Factor Affects Silver Price Demand And Supply Is Also the Main Factor.
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Silver Price Today
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Gold/silver ratio is currently trying to settle above the resistance at 69.70. In case this attempt is successful, it will head towards the 70 level which will be bearish for silver.
Silver Price In Delhi, Mumbai, Ahemdabad, Kolkata, Surat Are Almost Same But There Are Also Have Little Bit Different. Here We Showing Silver Price In All India. So Keep Remember This Thing Before Taking Any Decision Regarding Investment.
Silver Price Daily Forecast – Silver Retreats As Higher Yields Put Pressure On Precious Metals
The U.S. Dollar Index managed to settle above the 93 level and made an attempt to settle above the next resistance at 93.20. In case the U.S. Dollar Index settles above 93.20, it will move towards the next resistance at 93.40 which will be bearish for silver and gold price today.
Silver has risen nearly 15% since Thursday, when posts began circulating on Reddit urging retail investors to buy silver mining stocks and iShares Silver Trust , an exchange traded fund (ETF) backed by physical silver bars, in a GameStop-style squeeze.
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