New Delhi. On Monday, gold rose by Rs 81 to Rs 51,201 per 10 grams in the Delhi bullion market. HDFC Securities gave this information. Due to this, gold had closed at Rs 51,120 per 10 grams in the previous trading session. However, the price of silver in the national capital also declined by Rs 244 to Rs 60,596 per kg.
In the international market, gold remained unchanged at USD 1,679 an ounce, while silver was down at USD 20.74 an ounce. Vinay Rajani, Research Analyst, HDFC Securities, said that gold was trading with an unchanged trend in MCX after a heavy rally on Friday.
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Know what is the rate of MCX gold
In MCX, gold crossed the important level of Rs 50,900 and this price remains above it. He said that gold has an unchanged trend in Comex (commodity market), although it is standing on the verge of crossing last week’s high of $ 1,682 an ounce.
It is very easy to know gold rate from missed call
It is noteworthy that you can easily find out these rates sitting at home. For this, you just have to give a missed call on this number 8955664433 and a message will come on your phone, in which you can check the latest rates.
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Gold price can go up to 52 thousand
According to Ajay Kedia, MD, Mumbai-based Kedia Advisory, by the end of this year, the price of gold can go up to the level of Rs 52 thousand. He has given some important reasons for the possibility of a rise in the rate of gold, which are linked to global and domestic cues.
Gold will get strength due to the fall of the dollar index
Generally, the strength of the dollar keeps gold prices low and under control, while the weakening of the dollar increases the demand for gold, as more gold can be bought when the dollar weakens. As the dollar index is going down, hence the price of gold is expected to rise.
Tags: gold, Gold price, Gold Price Today, Gold Rate
FIRST PUBLISHED : November 07, 2022, 19:45 IST