Gold Silver Price: Silver rates were seen trending with red mark in both the markets. After noon, the price of silver also started trending with green mark. From the record level of May, gold has lost about Rs 3200 till now.
Gold Price 7th July: For the last two months, there is continuous ups and downs in gold and silver. Gold and silver, which made a record high in the beginning of May, have been continuously declining for the last few days. At one time, gold had reached a level of Rs 61739 per 10 grams and silver had reached Rs 77280 per kg with tremendous growth. But after that a decline is being recorded in the prices of both the precious metals. However, due to the fall in the prices, people have heaved a sigh of relief. In the coming time, there may be a rise in gold and silver once again.
Silver rises in the afternoon
On the last trading day of the week, a mixed trend was observed in the price of gold in the Multi Commodity Exchange (MCX) and the bullion market. However, silver rates were seen trending in the red in both the markets. After noon, the price of silver also started trending with green mark. From the record level of May, gold has lost about Rs 3200 till now. At the same time, a decline of about Rs 8000 per kg is being seen in silver.
Gold and silver rise on MCX
On the Multi-Commodity Exchange (MCX), there is a rise in the rate of both gold and silver on Friday. On MCX, gold was seen trending up by Rs 149 at Rs 58550 per 10 grams and silver was seen trending up by Rs 92 at Rs 70416 per kg. Earlier on Thursday, gold had closed at Rs 58401 and silver at Rs 70324 per kg on MCX.
Bullion market continues to decline
Bullion market prices are released daily at 12 noon on the website https://ibjarates.com. On Friday, 24-carat gold fell to Rs 58531 per 10 grams and silver to Rs 69634 per kg. A decline of more than Rs 1100 was seen in silver. At the same time, gold is trading after falling by Rs.113. Earlier on Thursday, gold had closed at Rs 58644 per 10 grams and silver at Rs 70815 per kg. Apart from this, 23-carat gold fell to Rs.58,297, 22-carat to Rs.53,614 and 20-carat to Rs.43,898 per 10 grams.
