MCX futures trading lower; check rates in major cities-Business News , Novi Reporter

MCX futures buying and selling decrease; test charges in main cities-Enterprise Information , Novi Reporter

Gold Price today: MCX futures trading lower; check rates in major cities

Representational picture. Reuters

At 9.30 am, the Multi-Commodity Change (MCX), August gold futures had been buying and selling at Rs 47,732 for 10 grams, decrease by 0.42 p.c, in accordance with a report by MoneyControl. The September silver futures had been additionally buying and selling decrease by 0.34 p.c at Rs 69,061 a kilogram. Nevertheless, within the worldwide market, the gold and silver costs had closed on a constructive word on Friday.

Gold costs fell on Monday withthe charge for 10 gram of 22-carat gold sliding to Rs 46,810  whereas silver was buying and selling at Rs 69,300 per kg, mentioned reviews quoting the Good Returns web site.

The value of gold in Delhi is Rs 46,900 for 10 grams of 22-carat gold. The same amount of 24-carat prices Rs 50,950. In Mumbai, the worth of 10 grams of 22-carat gold is Rs 46,810 whereas 24-carat gold prices Rs 47,810.

In Kolkata, the dear yellow metallic prices Rs 47,360 for 10 gram of 22-carat gold whereas 10 grams of 24-carat gold prices Rs 50,060. The same amount of 22-carat gold in Chennai is priced at Rs 45,260 whereas 24-carat gold prices Rs 49,380.

Ten grams of 22-carat gold prices Rs 44,750 in Kerala whereas an identical quantity of 24-carat gold will be purchased for Rs 48,820. Gold prices Rs 46,900 per 10 grams for 22-carat in Lucknow the place 24-carat gold prices Rs 50,950.

Director, Head-Commodity and Forex Analysis at Prithvi Finmart Commodity Analysis Manoj Kumar Jain mentioned that the gold and silver costs are anticipated to stay unstable this week amid rising tensions between the US and China.

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He added that gold has help at 47,700-47,550 at MCX whereas there may be resistance at 48,180-48,440. Talking about silver, he mentioned that the metallic has help at 68,800-68,400 and resistance at 69,800-70,300 ranges, reported Moneycontrol.

 

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