Gold-Silver Price Updates : There is a constant trend of softness in gold. On Friday also, trade was shown in the domestic markets with a slight increase in gold (Gold Prices in India). Domestic markets remained sluggish in view of flat trading in Asian markets. Gold has been seeing a decline since two weeks. Gold is still running cheaper by Rs 9,000 from its record high of Rs 56,200 per 10 grams. In early trade on Friday, gold futures on the Multi Commodity Exchange were showing a jump of 0.19 per cent, or Rs 87, and the price of the metal was at Rs 46,450 per 10 grams. At the same time, silver was trading at Rs 62,051 per kg with a jump of 0.31 per cent i.e. Rs 191.
If you look at GoldPrice.org, gold was rising 0.10 percent on MCX at 10.17 a.m. Indian time in the international market and the metal was trading at a level of $ 1755.52 per cent. At the same time, silver was also trading at a level of $ 23.26 an ounce with a gain of 0.21 percent.
If you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then with the last update, the price of gold today is like this- (These prices are given per gram without GST charge)
999 (purity) – 46,531
Silver 999- 62,722
There was a jump in gold futures
Gold prices on Thursday rose by Rs 77 to Rs 46,465 per 10 grams in the local futures market as speculators created fresh positions on firm spot demand. On the Multi Commodity Exchange, gold for delivery in October rose by Rs 77, or 0.17 per cent, to Rs 46,465 per 10 grams. It had a business turnover of 13,273 lots.