Gold-Silver Price: On Thursday, on the Multi-Commodity Exchange, the rate of Gold Futures is trading higher by Rs 77 at Rs 49520 per 10 grams. Earlier in Wednesday's session, it closed at Rs 49443.
Gold-Silver Price Today: In order to soften the trend of inflation, the US Fed Reserve has increased the interest rate by 0.75 percent for the third time in a row on Wednesday. After this, there has been a boom in the bullion market at the international and domestic level. On the previous day, the rupee had fallen to a seven-month low against the dollar. On Thursday, the Multi-Commodity Exchange (MCX Gold Price) and the bullion market recorded a rise.
Gold futures rate up by Rs 77 On the
Multi-Commodity Exchange, on Thursday, the rate of gold futures is trading up by Rs 77 at Rs 49520 per 10 grams. Earlier in Wednesday's session, it closed at Rs 49443. Similarly, silver is also trading with a gain of Rs 100 at Rs 57398 per kg. The last closing was done at Rs 57298.
Gold
was seen at a seven-month low due to the weakening of the rupee against the dollar at a seven-month low. The rise in the dollar index and the rise in bond yields is seeing pressure on the price of gold. In the bullion market, there was a slight increase in the rate of gold and silver on Thursday. Despite this, gold is running below 50 thousand rupees. Earlier, in February 2022, gold had reached the level of Rs 49,200 per 10 grams.
According to the price released by the India Bullion Association ( https://ibjarates.com ) on Thursday, the rate of 24 carat gold saw an increase of Rs 48 and it reached Rs 49654 per 10 grams. At the same time, 999 touch silver rose by Rs 97 to Rs 56764 per kg. Earlier in the session, gold closed at Rs 49606 and silver at Rs 56667.
