Check the latest prices of gold and silver as they have increased in cost.

Gold and Silver Rates Surge Amid Increasing Global Demand

Summary:

• Both gold and silver prices are experiencing a significant surge in the bullion market.
• The global demand for these precious metals is the main driving force behind the price increase.
• In the retail market, the prices of gold and silver show a mixed trend.
• Gold is trading at Rs 58,822 per 10 grams on the Multi Commodity Exchange (MCX).
• Silver is currently priced at Rs 71,757 per kg on MCX.
• In the global market, gold futures on Comex are trading at $1,936.05 per ounce, while silver remains at $23.433 per ounce.
• In the retail market, the prices of gold remain unchanged in Delhi and Mumbai, while Chennai sees a decrease of Rs 40 per 10 grams.

Gold Silver Rate:

Today, both gold and silver prices are surging in the bullion market. The increasing global demand for these precious metals seems to be the primary reason behind this surge. However, the retail market is witnessing a mixed trend in the prices of gold and silver.

Know the Price of Gold on MCX:

Gold is currently trading at Rs 58,822 per 10 grams on the Multi Commodity Exchange. This represents a strength of Rs 133 or 0.23 percent. The price range for today has been between Rs 58,600 and Rs 58,899. These prices are for gold futures in August.

What is the Shine of Silver:

Silver prices on MCX have seen a rise of Rs 392 or 0.55 percent. The current price for silver is Rs 71,757 per kg, with a range between Rs 71,304 and Rs 71,831. These prices are for silver futures in September.

Know the Price of Gold and Silver in the Global Market:

In the global market, gold futures on Comex are trading at $1,936.05 per ounce, showing an increase of $5.05 or 0.26 percent. Silver, on the other hand, has increased by 0.38 percent and is priced at $23.433 per ounce.

Know the Price of Gold in the Retail Market:

In the retail market, the prices of gold remain unchanged in Delhi and Mumbai at Rs 59,560 and Rs 59,410 per 10 grams, respectively. In Chennai, there has been a decrease of Rs 40, bringing the price to Rs 59,800 per 10 grams. Kolkata sees no change, with the price remaining at Rs 59,410 per 10 grams.