Gold/Silver Price. The festive season is driving nationwide buying. Buying gold or silver on Dhanteras is also good. Due to rising demand for gold and silver, the bullion market has seen prices decline, which is good news for Dhanteras shoppers. Gold donations stayed constant for three days, but gold and silver prices fell today. Today, bankbazaar.com lists 1 gramme of 22-carat gold at Rs 4,723, down from Rs 4,733 yesterday. In Madhya Pradesh’s bullion market, 8 grammes of 22-carat gold in Indore and Bhopal costs Rs 37,784, down from Rs 37,864 a day earlier. Gold fell Rs 80 in a day. Indore-Bhopal bullion markets will have the same gold price today.
Silver falls too.
Silver prices fell in Indore Bhopal’s bullion market. One gramme of silver costs Rs.61 today, compared to Rs.61.5 yesterday. One kg of silver costs Rs 61,000 in the Indore bullion market today, up from Rs 61,500 on Thursday.
MCX gold/silver rates
At 9:10 am on the Multi Commodity Exchange (MCX), 24 carat gold lost Rs 103 to Rs 50,096 per 10 grammes, while silver fell Rs 389 to Rs 55,625. MCX reported that gold opened at Rs 50,100 per 10 grammes on Friday morning but rose to Rs 50,096 after trade. Additionally, silver opened at Rs 55,614 today and dropped to Rs 55,625.
Global market dropped.
Gold prices have fallen globally. Gold fell 1.60 percent to $1,626.05 an ounce today, while silver rose. Silver rose 2.52% to $18.3 an ounce on Thursday.
