Gold-Silver Price Today: There is good news for those who buy gold during the wedding season. The effect of the fall in the prices of gold and silver in the global market is also visible on the Indian markets. There is a decline in the price of gold today. In just a week, the price of gold has decreased by Rs 1,500 per 10 grams, whereas if gold is trading at its lowest level in 3 months.
Gold futures of 24-carat purity fell 0.03 per cent to Rs 50,158 per 10 grams on the Multicommodity Exchange (MCX) this morning. Whereas till the time of writing the news, the price of gold had decreased by 0.07%. Although there was a slight increase in gold after the market opened in the morning, but then the price of gold started falling.
On the other hand, there is a jump in silver today. This morning, silver was trading 0.3 per cent higher at Rs 58,920 per kg on MCX. However, till the time of writing the news, silver was trading at 59,110 with an increase of Rs 359.
In the global market too, there is an environment of decline in the price of gold. Gold is trading at its three-month low in the global market. Actually, the dollar is on good strength at the moment, due to which there is a slowdown in the price of gold.
Gold is currently trading 0.1 percent lower at $ 1,820.54 an ounce, while the spot price of silver has fallen 0.5 percent to $ 20.76 an ounce. That is, the fall in the price of metals is also visible in the global market.