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September 18, 2020

Gold prices break all records, silver prices also rise

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New Delhi: Due to the strength in the global market, gold has set a new record in the Indian market on Monday. In the futures market, gold reached a record high of Rs 51,833 per 10 grams. Similarly, silver has also strengthened to a record level of Rs 64,896 per kg. Although gold is trading below 51 thousand in the spot market.

Gold was found to be trading at Rs 51,820 per 10 grams on Monday on the Multi Commodity Exchange with a strength of Rs 785. Not only this, but the futures deal for gold for August has also been recorded at Rs 51,833 per 10 grams. Similarly, the September deal for silver has gone up to Rs 64,770 per kg with a price of Rs 3,547. During the business, it reached an all-time high of Rs 64,896. On Monday, 24-carat gold in the spot market was sold at Rs 50,920 per 10 grams in Chennai, Rs 53,490 in Chennai and Rs 50,920 in Mumbai.

Due to the increasing tension between China and America, gold and silver have strengthened in the international market. As the Corona epidemic progressed, investors were also attracted to these low-risk precious metals. Gold was trading 0.4 per cent higher at $ 1,904 an ounce on Comex. Similarly, spot gold was up 1.5 per cent and was trading at $ 1,928 an ounce.

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