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The rate of 24 carat gold saw an increase of Rs 95 and it reached Rs 50865 per 10 grams
Photo Credit : Reuters
After the fall in the price of gold and silver in the last days, both these metals have started gaining momentum again. For the last few weeks, there was a fall in the rate of gold and silver. On Tuesday, the second trading day of the week, both bullion and MCX market started trading with green marks. Experts say that in the coming time there will be volatility in the price of gold and silver.
According to the price released by the India Bullion Association on Tuesday, the rate of 24 carat gold saw an increase of Rs 95 and it reached Rs 50865 per 10 grams. Silver also saw a rise of Rs 264 and it climbed to Rs 53627 per kg.
After reaching one and a half month old level, the price of gold is again seeing a rise. The price of silver is at a two-year low. Talking about the domestic market, gold delivered in October on MCX is trading with a gain of Rs 169 at Rs 50602 per 10 grams. December delivery silver is trading at Rs 54124 with a fall of Rs 713.
According to the price released by the India Bullion Association on Tuesday, 23 carat gold is at Rs 50661 per 10 grams. At the same time, the rate of 22 carat gold is Rs 46592 per 10 grams, 20 carat gold is Rs 38149 per 10 grams and 18 carat gold is running at Rs 29756 per 10 grams.