Gold Rates: As soon as the wedding season starts in the country, there has been a huge jump in the price of gold and today gold has once again reached its highest level.
There are also global signs and reasons behind the tremendous jump in the price of gold. Gold today touched the level of Rs 56500 on MCX as soon as the business opened.
Where did the gold prices reach today
Today the price of gold has reached an all time high level. The price of gold on the Multi Commodity Exchange had come down to Rs 56,501 per 10 grams this morning and in this way it had crossed the level of Rs 56,500 as soon as the market opened. Gold is currently trading at the rate of Rs 56,540 per 10 grams and today’s day’s highest level is Rs 56,546 per 10 grams. Gold is currently at the rate of Rs 56,540 per 10 grams with an increase of Rs 216 or 0.38 per cent.
Silver also crossed the level of Rs 70,000.
Today silver has also crossed the level of Rs 70,000 on MCX. Today, silver is trading at a level of Rs 70,045 per kg with a gain of Rs 618 or 0.89 per cent on the Multi Commodity Exchange.
Why is the rise in gold and silver
A record increase is being seen in the rate of gold and silver and this increase in the price of gold and silver has continued since the beginning of the new year. Due to the good condition in foreign markets, there has been a good jump in the price of gold in the domestic market. Experts also believe that gold and silver can remain at the all-time high level with more bounce till March this year.
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