Gold-Silver Price Today: Sluggishness in gold today, silver price crosses 58 thousand, check latest rate

New Delhi. In the Indian market today, on Tuesday, November 1, the price of gold has opened with weakness, while silver has gained well. This is the trend in the international market as well. The price of gold has also fallen there and the rate of silver is high. On the Multi Commodity Exchange (MCX), the price of gold (Gold Rate Today) is down 0.02 percent in early trade on Tuesday. At the same time, the rate of silver is trading up 0.76 percent on MCX today.

On Tuesday, the price of 24 carat purity gold has fallen by Rs 12 to Rs 50,310 per 10 grams at 9:05 am in the futures market. The price of gold was opened today at Rs 50,351. Once opened, it went up to Rs 50,283. But after a while it recovered and became Rs 50,310 per 10 grams. Today silver has moved in the opposite direction from gold on the Multi Commodity Exchange. The rate of silver has jumped by Rs 441 to Rs 58,119 today. The price of silver was opened at Rs 57,960. Once the price went up to Rs 58,257. But later the rate of silver fell slightly and started trading at Rs 58,119.

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Silver shines in the international market, gold falls
In the international market, the prices of gold and silver have reversed. Where there is a fall in gold even today, the rate of silver is high. The spot price of gold has fallen 0.35 percent to $ 1,637.83 an ounce today. The price of silver in the international market has increased today. The spot price of silver has fallen 0.77 percent to $ 19.36 an ounce today.

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Spot price had fallen on Monday
On Monday, gold fell by Rs 146 to close at Rs 50,612 per 10 grams in the Delhi bullion market. Due to this, gold had closed at Rs 50,758 per 10 grams in the previous trading session. Market experts believe that the price of gold is under pressure due to increase in US bond yield and strengthening of dollar index.

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