Gold And Silver Price Update: Due to the sharp fall in the global market, the continued rise in the prices of gold and silver for the last two days took a break on Wednesday. The price of gold in the international market has fallen by 1.22 percent. This has also affected the Indian market. On the Multi Commodity Exchange, the price of gold has fallen 0.51 percent at the beginning of trading today. Silver is also seeing a decline in early trade and today the price of silver has fallen by 0.74 percent.
On MCX, gold of 24-carat purity has fallen by Rs. 256 to Rs. 50025 per 10 grams at 9:10 am. Today trading in gold started from Rs 50,207. But after some time, after the decrease in demand, it became Rs 50,007. But later it improved a bit and the price went up to Rs 50025 per 10 grams.
Today, the price of silver has also taken a dive on the Multi Commodity Exchange. The rate of silver fell by Rs 392 on Tuesday and the price has gone up to Rs 52,754 per kg. Today trading in silver started from Rs 52,872. After some time the price declined and the price became Rs 52,637. Then it improved slightly and the price went up to Rs 52,754.
Gold and silver prices declined in the international market on Wednesday. Today, the price of gold has fallen by 1.22 percent to $ 1693.05 an ounce. Similarly, today the spot price of silver has also fallen in the international market. Today silver is trading at $ 17.86 an ounce with a fall of 1.94 percent.