In the global market either, the price of gold was seen slipping 0.30 per cent around USD 1669.00 an ounce
Due to the continuous strengthening of the dollar against the rupee, there is a fall in the price of gold and silver. On the first trading day of the week i.e. Monday, a fall in the price of gold was recorded.
The yellow metal started trading today with a fall due to which its price is running at a low of 6 months. Actually, the government has cut the import duty on gold, since then, there is a decrease in the price of gold.
On MCX this morning, gold of 24-carat purity fell 0.22 per cent and started trading at Rs 49,272.00 per ten grams. On the other hand, there was a slight rise in silver prices in the early trade. Silver was seen trading at Rs 56,832.00 per kg with a gain of 0.20 per cent in this morning’s session.
In the global market either, the price of gold was seen slipping 0.30 per cent around USD 1669.00 an ounce. On the other hand, the spot price of silver was seen trading at USD 19.40 an ounce with a rise in the international market.