Gold-Silver Price: There was a boom on both the bullion market and the Multi-Commodity Exchange (MCX). If you have a plan to buy jewellery, then you will have to spend a lot more money than before.
After the fall in the rate of gold and silver in the bullion market on Monday, now again it is seeing a boom. Amid the ups and downs in the rate of gold and silver in the last three months, it gained momentum on Tuesday. On Tuesday, both the bullion market and the Multi-Commodity Exchange (MCX) saw a boom. If you have a plan to buy jewellery, then you will have to spend a lot more money than before.
Mixed trend in gold and silver on MCX
A mixed trend was seen in the rates of gold and silver on the Multi-Commodity Exchange (MCX) on Tuesday. In the morning, both the precious metals started trading on MCX with a boom. But in the afternoon there was a decline in the rate of silver. On Tuesday afternoon on MCX, gold is trading up by Rs 165 at Rs 61062 per 10 grams and silver is trading down by Rs 79 at Rs 77325 per kg. Earlier on Tuesday, gold closed at Rs 60927 per 10 grams and silver at Rs 77079 per kg.
Increase in bullion market rates
Bullion market rates are issued daily by the India Bullions Association ( https://ibjarates.com ). According to the rate released on Tuesday afternoon, gold rose by Rs 201 to Rs 61370 per 10 grams. At the same time, silver fell by Rs 30 to reach the level of Rs 76285 per kg. Earlier on Monday, silver had closed at Rs 76315 and gold at Rs 61169.
Silver can be 80000 rupees
On Tuesday, 23 carat gold reached Rs 61125, 22 carat gold Rs 56214 and 20 carat gold reached Rs 46027 per 10 grams. The price of gold and silver has been fluctuating for some time now. In February, the gold rate fell to Rs 55,000 per 10 grams. Experts say that the rate of gold can go up to Rs 65,000 per 10 grams and silver up to Rs 80,000 per 10 grams on Diwali.
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