Sat. Nov 16th, 2024
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Gold and Silver prices jumped, know what the rate of 10 grams of gold today

Business Desk: A rise is being seen in the future prices of gold and silver today. The futures prices of both opened sharply today. Gold futures prices have now increased to Rs 62,500 and silver futures are trading around Rs 74,600. There is also a rise in the future prices of gold and silver in the international market.

Gold futures prices rise
Gold futures prices started with a rise today. The benchmark February contract of gold on Multi Commodity Exchange (MCX) opened today with a rise of Rs 59 at Rs 62,525. At the time of writing, this contract was trading at Rs 62,530 with a rise of Rs 64. At this time it touched the day’s high at Rs 62,546 and the day’s low at Rs 62,500. On Monday, the futures price of gold had touched the highest level of Rs 64,063Gold and silver prices

Silver also became expensive
Silver futures prices also started with a rise today. The benchmark March contract of silver on MCX opened today with a rise of Rs 328 at Rs 74,641. At the time of writing, this contract was trading at Rs 74,687 with a rise of Rs 374. At this time it touched the day’s high at Rs 74,784 and the day’s low at Rs 74,576 per kg. On Monday, silver futures prices had reached the day’s high of Rs 78,549.

The rise in futures prices of gold and silver in the international market also
Gold futures prices started with weakness in the international market. Later its price started rising. Whereas silver had a bullish start. Gold opened at $ 2,045.70 an ounce on Comex. The previous closing price was $2,046.40. At the time of writing, it was trading at $2,048.40 an ounce, up by $2. Silver futures on Comex opened at $24.14, the previous closing price was $24.05. At the time of writing the news, it was trading at $ 24.19 an ounce with an increase of $ 0.13. Also, read this.

3 thought on “Gold and Silver prices jumped, know what the rate of 10 grams of gold today”
  1. […] Average VIX reading this year 17 The average VIX over the last 5 years has been around 21. Strategists say the average VIX reading in 2024 will be different from this year’s average reading of 17. At the same time, if there is a mild recession in the second half of 2024, then the average reading may go to a lower level. According to the strategist, these scenarios assume that geopolitical risks may both wane and increase from time to time but that those risks are not realized. If a major event occurs, such as a war in the Middle East turning into a broader regional conflict, a conflict between superpowers, etc., then in such a situation, very high levels of VIX can be seen. Also, read this. […]

  2. […] FPIs have again become buyers of leading banks where earlier they had remained sellers. Apart from this, buying is also being seen in big companies of information technology, telecommunication, automobile and capital products segments. In terms of bonds, FPIs invested Rs 5,506 crore in the debt market during the period under review. Before this, investment of six years’ highest level of Rs 14,860 crore had come in November and Rs 6,381 crore in October. Foreign investors have invested Rs 1.31 lakh crore in equity markets and Rs 55,867 crore in debt markets so far this year. Also, read this. […]

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