The prices of gold and silver have reached record levels.
Where ‘Mother of All Deals’ was announced between India and EU. On the other hand, Chandi has also changed her gear and increased her speed. A tremendous increase was seen in the prices of silver during the trading session. If we look at the data, a rise of Rs 30 thousand was seen in the prices of silver in 250 minutes of the trading session.
This means that every minute an increase of more than Rs 120 has been seen in the price of silver. Earlier on Monday, the price of silver in the international market had crossed 110 dollars. Due to which an increase in silver prices has also been seen in the local futures market. The special thing is that silver took less than 24 hours to reach from 100 to 110 dollars. Which is a record in itself.
On the other hand, gold prices also appeared at record levels. Where the price of gold in the international market has crossed 5 thousand dollars. On the other hand, in the futures market of the country, an increase of about Rs 3,800 was seen in the prices of silver on Multi Commodity Exchange and the price reached close to Rs 1.60 lakh. According to experts, the prices of gold and silver are falling due to the impact of Trump tariffs and the fall in the dollar.
According to experts, we may soon see further rise in the prices of gold and silver. In the futures market of the country, the prices of silver are seen increasing rapidly from the level of Rs 4 lakh and gold prices towards Rs 1.75 lakh. Let us also tell you what the prices of gold and silver have become from the futures market of the country to the international market…
Tremendous increase in silver prices
- A record rise is being seen in the prices of silver on the country’s futures market Multi Commodity Exchange.
- If we look at the data, in the 250-minute trading session in MCX, the price of silver saw an increase of Rs 30,122 per kg.
- After which the price of silver on the Multi Commodity Exchange reached a record level of Rs 3,64,821 per kg.
- However, at 2:50 pm, silver prices on MCX were trading at Rs 3,62,000 with an increase of Rs 27,301.
- Whereas during last week’s trading session, the price of silver closed at Rs 3,34,699 per kg.
- Whereas on Tuesday morning at 9 am, the price of silver opened at Rs 3,39,824 per kg on Multi Commodity Exchange.
- However, the price of silver has increased by Rs 1,29,120 per kg on the Multi Commodity Exchange in the month of January.
Gold prices also rise
On the other hand, an increase in gold prices is also being seen on the country’s futures market Multi Commodity Exchange. If we look at the data, at 2:53 pm the price of gold was trading at Rs 1,58,794 with an increase of Rs 2757. Whereas during the trading session, gold prices saw an increase of Rs 3,783 and the price reached a life time record level of Rs 1,59,820. However, gold opened at Rs 1,58,674 this morning and closed at Rs 1,56,037 on Friday. However, in the month of January, an increase of Rs 24,373 has been seen in the price of gold.
Gold and silver prices in American markets
If we talk about American market among foreign markets, then the prices of gold and silver had reached record level on Monday. If we look at the data, on Tuesday, gold is trading at $ 5,118.10 per ounce in the Comex market with a fall of about $ 5 per ounce. Whereas the price of gold spot has seen an increase of $ 79 per ounce and the price has come to $ 5,087.48 per ounce. On the other hand, a decline of more than 3 percent is being seen in the prices of silver future and the price has come down to $ 111.90 per ounce. At the same time, the price of silver spot is seen increasing by about $ 9 per ounce i.e. 8.56 percent at $ 112.66 per ounce.
Europe Gold and Silver in British Markets
On the other hand, an increase in gold and silver prices is being seen in European and British markets. If we look at the data, in Europe gold was trading at 4,286.06 Euros per ounce with a rise of 69 Euros per ounce. Whereas a rise of more than 8 euros was seen in silver and the price became 94.94 euros per ounce. There is also a rise in the prices of gold in the British markets and the prices are trading at 3,719.14 pounds per ounce with an increase of about 57 pounds per ounce. Whereas silver is trading at 82.28 pounds per ons with a rise of 8.45 percent.