Gold prices on Tuesday saw a rise in futures trade due to fresh deals amid strong demand in the spot market. However, today’s star performer has been silver, which is registering a strong rally in its price. The faces of silver traders are in bloom today as they are expected to make good profits due to increase in its demand. Commodity market experts say that due to buying of fresh deals by traders, gold futures prices have increased, silver prices have also seen a tremendous jump.
Marginal rise in gold prices
Gold metal gold is trading with a slight rise today and gold is trading at the rate of Rs 58500 per 10 grams. Gold is trading with a slight gain of Rs 88 i.e. 0.15 per cent. Gold today went to Rs 58401 per 10 grams. Gold prices had gone up to Rs 58532 per 10 grams.
Strong rise in the price of silver
Today the price of silver is witnessing a tremendous rise and soon it may go higher. Today on the Multi Commodity Exchange, the shiny metal silver is trading with a gain of Rs 424 i.e. 0.61 per cent. The price of silver is Rs 69609 per kg and has registered an increase of about Rs 425. With the decline in silver, business is being seen at the rate of Rs 69395 per kg. Apart from this, the price of up to Rs 69650 per kg has been seen in silver. This price of silver is for its July futures.
Tremendous increase in the price of silver, shiny metal has become very expensive
