Gold and Silver Price Fall Today – Gold continues to fall; Find out the price of gold and silver today Maharashtra Times

Gold and Silver Price Fall Today – Gold continues to fall; Find out the price of gold and silver today Maharashtra Times

Highlights:

  • In the commodity market, gold and silver continue to be profitable.
  • Gold fell by Rs 200 and silver by Rs 350 on Friday.
  • Along with the global market, the price of gold today is १८ 1873.30 per ounce.

Mumbai: In the commodity market, gold and silver continue to be profitable. Gold fell by Rs 200 and silver by Rs 350 on Friday. Earlier on Thursday, gold had fallen by Rs 300 and silver by Rs 680.

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At present, gold is trading at Rs 48,656 on the Multi Commodity Exchange. It fell by Rs 30. Earlier, gold had touched a low of Rs 48,454. The price of one kg of silver has gone up to Rs 70,777. It has dropped by Rs 130. Silver had touched a low of Rs 70,329. Silver had touched Rs 73,100 on Tuesday.

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According to the Goodreturns website, the price of 22 carat gold touched Rs 48,230 in Mumbai on Friday. In Mumbai, the price of 24 carat has gone up to Rs 49,230. The price of 22 carat gold in Delhi today is Rs 47,110. Gold for 24 carats is priced at Rs 51360. Today, the price of 22 carat gold in Chennai is Rs 45,850 and 24 carat gold is Rs 50,000. Gold fell by Rs 700 to Rs. In Kolkata, 22 carat gold is priced at Rs 47,110 and 24 carat gold is priced at Rs 51,460.

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Along with the global market, the price of gold today is १८ 1873.30 per ounce. Silver, meanwhile, was trading at डॉलर 27.48 an ounce. Earlier, on January 8, 2021, gold had touched a high of १६ 1916.40 an ounce. Silver also fell 0.1 per cent to २७ 27.88 an ounce.

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Spot gold rose 0.4 percent to ७ 1,907.9 an ounce as the US Treasury declined in Thursday’s trading session. U.S. Treasury yields over the past few trading sessions have been showing results against gold. Gold has not been very attractive to other currency holders as the dollar index, which represents the value of the US dollar, has seen an increase. This also led to limits on gold prices. Also, recent improvements in global economies and rising oil prices have led investors to turn to risky assets. Gold prices fell sharply on demand due to concerns over possible inflation.

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