Gold-Silver Price Update: Due to increasing tension in the Middle East, gold prices are rising in both the domestic and global markets. In the last 2 days, the price of gold has increased by Rs 1000. Let us know today’s latest prices.
If you are also thinking that this time on Diwali and Dhanteras you can buy cheap gold. So this time the possibility of gold rates falling seems less. Due to increasing tension in the Middle East, gold prices are rising in both the domestic and global markets. In the last 2 days, the price of gold has increased by Rs 1000.
Gold may become costlier by Rs 3000 more now
Today, the price of gold on Multi Commodity Exchange is at the level of Rs 57670 per 10 grams with an increase of 0.07 percent. According to experts, further rise in gold prices is expected. In the coming days, we may see an increase of about Rs 2500 to Rs 3000 in the price of gold.
Silver also became expensive on MCX
Today the price of silver on Multi Commodity Exchange is at the level of Rs 69046 per kg with an increase of 0.19 percent. Gold prices are also rising in the global market. Gold is at $ 1,860.20 per ounce in the US market. Apart from this, the price of silver is at $21.82 per ounce.
Why is gold becoming expensive?
According to IBJA National Secretary Surendra Mehta, due to Israel and Hamas war, everyone is looking for safe investment options at this time, due to which the demand for gold has increased significantly. For this reason, a rise in gold prices is being seen. In the short term, the price of gold can be seen up to Rs 58,500.
What is the price of 22 carat gold?
Today the price of 22 carat gold in the capital is Rs 53,800 per 10 grams. Apart from this, the price of gold is Rs 53,800 in Chennai, Rs 53,700 in Ahmedabad and Rs 53,650 per 10 grams in Bangalore, Hyderabad, Kolkata and Mumbai.
