Gold Price Today: There is a softening in the dollar index and bond yield. Besides, investors are also keeping an eye on the upcoming US economic data.
Gold Price Today: The action is vigorous in the bullion market. A rise in the prices of gold and silver is being recorded on MCX on Wednesday. There is a rise in the prices of both in the domestic market as well as in the foreign markets. Because there is a softening in the dollar index and bond yields. Besides, investors are also keeping an eye on the upcoming US economic data. As a result, gold has crossed 2025 dollars in the global market.
Gold price in domestic market
There is a slight rise in gold prices in the domestic futures market. Gold price on MCX is trading at a strength of Rs 60. The price of 10 grams has reached Rs 62535. Similarly, the price of silver has also increased by about Rs 230. The rate of one kilogram silver on MCX has crossed Rs 75000.
Gold rate in foreign markets
A rise in gold prices is also being seen in the international market. The price of gold on COMEX is trading at $ 2053 per ons. Silver has also increased. Its price on Comex is $ 24.41 per ons.
