Gold and Silver Rates Witness Marginal Changes on June 7, 2023

The rates of gold and silver witnessed marginal changes in the Indian market on June 7, 2023. Here are the highlights:

Gold Rates:

– The price of gold stood at Rs 60,028 in the evening, registering a rise of Rs 71 between morning and evening.
– Gold had closed at Rs 60,096 per 10 grams on the previous trading day, closing with a fall of Rs 68 per 10 grams as compared to the previous trading day.
– Gold is selling cheaper by Rs 1,550 from its all-time high of Rs 61,646 per ten grams on May 4, 2023.
– On the Multi Commodity Exchange (MCX), the futures trade of gold on August 4, 2023, is down by Rs 95.00 and is trading at Rs 59,890.00.
– In the international market, gold is trading at a rate of $ 1,962.69 an ounce, down by $ 0.62.

Silver Rates:

– The rate of silver closed at the level of Rs 71,824 per kg in the evening, registering a rise of Rs 354 between morning and evening.
– This rate of silver was Rs 71,904 per kg on the last trading day, decreasing by Rs. 80 per kg as compared to yesterday.
– Silver made its all-time high of Rs 76,464 on May 4, 2023.
– The futures trade of silver on July 5, 2023, is trading at a level of Rs 72,020.00 with a gain of Rs 64.00.
– In the international market, silver is trading at a level of $ 23.61 per ounce with a gain of $ 0.01.

The rates of gold and silver remained unchanged in all major cities of the country in the evening of June 7, 2023. The slight changes in rates present an opportunity for buyers and investors to make informed decisions.

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