Gold Price Today- Today there has been a huge fall in the prices of gold and silver.
New Delhi. Gold and silver prices fell sharply today. Gold futures on the Multi Commodity Exchange (MCX) fell 0.6% to Rs 46,377 per 10 grams. The price of silver also saw a sharp decline on Thursday, which is the highest in recent months. Silver rates fell 1%. Let us tell you that in the previous session, gold had closed flat while silver had gained 1.2%. Bullion is doing business in the Red Zone for the whole week.
In global markets, gold prices fell today after the US Federal Reserve signaled to ease its monthly bond purchases. Spot gold was down 0.3% at $1,762.33 an ounce. Dollar index remained close to a month high,
Know your city’s rate
According to the Good Returns website, 24 carat gold in India was sold on Thursday at Rs 46,360 per ten grams (Gold rate on 23 September). Silver is selling at Rs 60,900 per kg with a gain of Rs 1,100 from yesterday’s trading price. In New Delhi and Mumbai, 22 carat gold is being sold for Rs 46,000 and Rs 45,360 per 10 grams respectively. According to the website, the yellow metal is selling at Rs 44,110 in Chennai. At the same time, 24 carat gold is being sold in Delhi for Rs 50,180 per 10 grams and in Mumbai for Rs 46,360 per 10 grams.
Gold is being sold in Chennai this morning at Rs 48,110. The price for Kolkata is Rs 48,900.
Right time to invest
According to experts, gold can remain between 46800-47055 on MCX. On the other hand, silver is likely to remain seed at the level of 61000-61400. Experts are suggesting to buy silver near 59,900 with stop loss of 59400 for target of 61200. At the same time, according to market experts, this is the right time to invest in gold.
Find out gold rate by giving a missed call
Let us tell you that you can easily find out these rates sitting at home. For this, you just have to give a missed call to this number 8955664433 and a message will come on your phone, in which you can check the latest rates.
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