Gold Price Today: There seems to be stability in the commodity market. Even if it is less, gold is continuously rising. At the same time, silver has also gained. The Indian futures market is trading in the green on Wednesday (July 10).
Gold Price Today: This week, there is stability in the commodity market. Even if it is less, gold is continuously rising. At the same time, silver has also gained. The Indian futures market is trading in the green on Wednesday (July 10). Gold was trading at Rs 72,554 per 10 grams with a gain of Rs 156 (0.22%) on MCX. Yesterday it closed at Rs 72,398. Silver had gained Rs 88 (0.09%) and was trading at Rs 93,057 per kg. Silver closed at Rs 92,969 in Tuesday’s trade.
Gold was trading in the range in the international market. Investors are looking a little cautious ahead of the inflation data in the US, they are hoping for a clear picture on the interest rate cut. Spot gold was up 0.2% at $2,367 an ounce. At the same time, gold futures were trading at 0.3%. Traders will keep an eye on further cues on US interest rates from Federal Reserve Chairman Jerome Powell’s statement in Parliament and key inflation data due during the week.
Gold fell in bullion market
Gold fell by Rs 100 to Rs 73,310 per 10 grams in the bullion market of the national capital on Tuesday amid weak global cues. In the previous trading session, gold closed at Rs 73,410 per 10 grams. However, the price of silver rose by Rs 180 to Rs 94,450 per kg. In the previous session, it closed at Rs 93,270 per kg.
