Gold / Silver Price Today: On Tuesday, August futures gold (Gold Price) on the Multi Commodity Exchange (MCX) is trading with a jump of 0.28 percent.
Today’s gold and silver price
Gold / Silver Price Today: After a sharp fall in prices last week, there was a mixed trend in the prices of gold and silver in the Indian markets today. On Tuesday, August futures gold on the Multi Commodity Exchange (MCX) is trading with a 0.30 percent jump. At the same time, the price of July futures silver has increased by 0.12 percent. The price of gold increased today, but has fallen by Rs 2,500 per 10 grams this month.
New Gold Price: On Tuesday, August futures gold on MCX rose by Rs 141 to Rs 47,215 per 10 grams. Let us tell you that this month in India there has been a sharp decline in the precious metal. Tracking the fall in global prices, it is declining from the level of Rs 49,500.
New Silver Price: On MCX, July futures silver prices rose by Rs 78 to Rs 67,840 per kg.
In the international markets, gold prices were stable today, having risen 1 per cent on Monday. Spot gold is trading at $ 1,784.14 an ounce. Gold rates suffered their biggest weekly fall in 15 months after the Fed signaled a sharper-than-expected tightening of its monetary policy.
reason for the rise in gold
Due to the fall in the US Treasury yield, international gold prices are trading with a slight increase. Last week, gold prices had fallen by 6 per cent, which is its biggest weekly fall in 15 months. The Fed has indicated strictness in its monetary policy. But after a sharp fall in prices, the yellow metal has remained stable this week. A fall in the dollar and investments in gold-backed exchange-traded funds have supported gains last week.
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