Gold Price Today: Today there is a rise in the prices of gold and silver in the Indian markets. But gold is still getting cheaper by 9 thousand rupees from the record level.
Gold Price Today on 18 August: Gold and silver prices rose in the Indian markets today, but globally Yellow Metals is trading flat. On the Multi Commodity Exchange (MCX), gold futures rose 0.2% to Rs 47,374 per 10 grams, while silver rose 0.37% to Rs 63,462 per kg. This is the highest price of gold in a week. Silver also rose on Wednesday after the yellow metal. In August, the future of this precious metal jumped 0.35 percent to Rs 63,447. Gold had closed flat in the previous session while silver had lost 0.5%. However, gold is still getting cheaper by Rs 9,000 from the record level as compared to last year.
Gold flat in the
international market Gold prices remained stable on Wednesday in the international market. Spot gold looked flat at $ 1,785.66 an ounce. US gold futures are flat at $1,787.20. The dollar rose to a nine-month high against the euro on Wednesday. Silver rose 0.1% to $23.65 an ounce.
On the domestic front, MCX Gold may see a rise of Rs 47,450-47,600 in October. On MCX, silver can come in the level of Rs 63,900-64,400 above Rs 63,000 in September. MCXbuldex May 14,100-14,350 can trade in the range of Rs.
Gold will go up to Rs 50,000
According to experts, very soon gold will reach Rs 50,000. In such a situation, this is the best time for investment. Investors can invest in YOLO Metal. At the same time, if an investor has already continued to invest in gold, then holding it now can prove beneficial.
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