Gold Price: Gold and silver buyers will get a rate of up to 8000 rupees! It happened today too.
Gold Price 12th Nov: After making records of the price of gold and silver in the last days, now it is seeing a decline in it. Gold, which crossed Rs 81000 in the last days, can now come down to Rs 72000.
Gold Price Today: If you too are planning to buy gold and silver in the wedding season, then this news is for you. Yes, the wedding season is going to start after Diwali, but the demand for gold and silver remains strong. This trend will continue in the coming time and it may come down to Rs 72000 per 10 grams. The effect of sluggishness in demand was that the bullion market saw a decline in gold and silver prices for the second day on Tuesday amid weak global signals. Today, the price of gold of 99.9 percent purity fell by Rs 1,750 to Rs 77,800 per 10 grams. In the previous trade, the precious metal had closed at Rs 79,550 per 10 gram.
Silver price falls by Rs 2700
Silver prices also declined by Rs 2,700 to Rs 91,300 per kg on Tuesday, compared to its previous close of Rs 94,000 per kg. Gold of 99.5 per cent purity fell by Rs 1,750 to Rs 77,400 per 10 gram. The precious metal had closed at Rs 79,150 per 10 gram on Monday. LKP Securities Vice Chairman and Securities Analyst (Commodities and Currency) Jatin Trivedi said, "Gold remained under pressure due to the strengthening of the dollar index on Comex.
Gold falls below Rs 75,000 on
MCX Gold falls below Rs 75,000 for the first time since October 10," he said, adding, "The current declining trend suggests that further weakness may persist, if Comex gold remains below $ 2,600 and touches the level of $ 2,500 in the upcoming session, In the international market, Comex gold futures fell by $ 19.90 an ounce, or 0.76 percent, to $ 2,597.80 an ounce.