Gold-Silver Price Update: The effect of the war that started between Israel and Palestine has started becoming visible on the prices of gold-silver. Today, in one stroke the price of gold has increased by more than 1 percent.
Gold-Silver Price Today: On one hand, the festive season is going on in India and on Diwali, everyone buys gold and silver. In such a situation, the increase in the price of gold can be worrying for everyone… Know whether gold can set a new record in the market soon?
Gold-Silver Price Today, 20 October: Amidst the ongoing war between Israel and Hamas, the price of gold is continuously increasing. On one hand, the festive season is going on in India and on Diwali everyone buys gold and silver. In such a situation, the increase in the price of gold can be worrying for everyone… The way gold prices are increasing every day, it seems that the gold market may soon make a new record high. Many experts believe that the price of gold can reach a new record high.
Today the price of gold has become expensive on the Multi Commodity Exchange. Let’s check what is the price of 10 grams today?
Gold and silver became expensive on MCX
Today, the price of gold on Multi Commodity Exchange is at the level of Rs 60,600 per 10 grams with an increase of 0.47 percent. Apart from this, a rise is also being seen in the prices of silver. Today the price of silver is at the level of Rs 71,800 per kg with an increase of 0.26 percent.
What is the price of 22 carat gold?
If we talk about 22 carat gold, its price in Delhi is Rs 55,850 per 10 grams. Apart from this, its price in Chennai is Rs 55,850 and in Ahmedabad it is Rs 55,750 per 10 grams. Apart from this, the price of 22 carat gold in Bangalore, Hyderabad, Kolkata and Mumbai is Rs 55,700 per 10 grams.
What is the expert’s opinion?
Experts believe that there is a lot of instability in the global markets at this time. After Russia-Ukraine, gold prices are rising due to Israel-Hamas war. In this volatile market, investors avoid taking risks, due to which people consider it best to invest their money in gold. At the same time, according to media reports, the price of gold may reach a new record high in the coming days.
A new record may be made soon
On May 6, gold had made a new record high of Rs 61845 on the Multi Commodity Exchange. At the same time, today the price of gold on MCX is close to 60600, so it is believed that the price of gold can create a new record in the market soon.
