Gold Price: Gold prices hit a two-month low, find out today’s price Gold and Silver price today on MCX Commodity market

Gold Price: Gold prices hit a two-month low, find out today’s price Gold and Silver price today on MCX Commodity market

Gold and Silver price | Internationally, the appreciation of the dollar against the rupee has had a direct impact on gold prices. Therefore, the price of gold is currently at a two-month low.

Gold Price: Gold prices hit a two-month low, find out today's price

The price of gold

Mumbai: Gold prices, which had been rising since the beginning of the week, fell on Thursday. Gold on the Multi Commodity Exchange (MCX) fell 0.41 per cent. Silver also declined by 0.64 per cent. As a result, gold fell by Rs 192 to Rs 46,880 per ounce. At present, silver is trading at Rs 67,494 per kg. Silver fell by Rs 438 on Thursday. (Gold and Silver price today)

Internationally, the appreciation of the dollar against the rupee has had a direct impact on gold prices. Therefore, the price of gold is currently at a two-month low. Gold prices have been rising steadily in the Multi Commodity Exchange (MCX) market for the past three days.

The US Federal Reserve may raise interest rates in the coming days. This can also have an effect on the Indian capital market and gold prices.

Gold prices rise in last three days

Gold prices have been rising since the beginning of this week after falling last week. Gold fell by Rs 1,600 in the last two days on Thursday and Friday due to developments in the international market over the past week. Gold prices rose 0.40 per cent on Monday. However, silver prices fell. On the Multi Commodity Exchange (MCX), gold rose by about Rs 100, or 0.30 per cent, on Tuesday. Silver also rose by 0.12 per cent.

Gold futures for August delivery rose 0.14 per cent on Wednesday. Silver for August futures rose 0.42 per cent. In rupee terms, gold rose by Rs 65 to Rs 47,076 per ounce on the MCX today.

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