new Delhi: Gold price reached record highs today. The impact of the boom in the international market is visible in the price of gold. The price of gold (gold price today) saw a rapid rise as soon as the market opened on Wednesday. At 11.30, the price of gold rose by Rs 558.00 to reach a record Rs 5,0085.00. Gold opened at Rs 49,931.00 per ten gram on MCX. MCX saw a sharp rise in silver prices today. Silver was trading at Rs 61,130.00 per kg with a gain of Rs 3,788.00.
It is not that only gold prices are rising. Along with gold, silver is also seen increasing steadily. Our partners zeebiz.com According to the sharp rise in the international market, the price of silver in the Indian Futures Market on Tuesday rose above Rs 54,000 per kg for the first time since September 2013. On Wednesday, it also crossed the 61 thousand level.
Earlier this year, gold was at the level of Rs 39 thousand per ten grams, which has so far reached the level of Rs 49,500 per ten grams. At present, gold has remained around 49 thousand in the futures market, in a year, the prices of gold have gone up by about 25 percent.
By investing in gold and silver, you can get good returns in the coming days. According to Kedia Commodity Director Ajay Kedia, all the fundamentals in gold are strong at this time and the spot demand also remains strong, leading to gold breaking the Rs 52,000 level on MCX till Diwali, while $ 2,000 an ounce on Comex Can touch the level of
In the global market too, there has been a huge rise in the price of gold on Wednesday morning. On Wednesday morning, gold futures were seen trending 0.71 per cent, or $ 13.10, on Comex, at $ 1,857 an ounce. Apart from this, the global spot price of gold was currently trending at $ 1,857.11 an ounce with an increase of 0.83 percent or $ 15.20.