Silver futures up by 0.11 percent to trade at Rs.61,190 per kg
On the Multi Commodity Exchange (MCX), the futures of silver inched by 0.11 percent on Friday and was trading at Rs.61,190 per kg. In the spot market, the white metal was priced at Rs.60,789 per kg on Thursday. It needs to be mentioned here that the spot price of silver has declined by Rs.5,700 per kg in the last two weeks. In the international market, the price of spot silver was up by 0.1 percent to cost $22.40 per ounce.
Silver Price on 26 November 2021
The threat of a new Covid pandemic, owing to a mutation discovered in South Africa, boosted the appeal of bullion counters on Friday, 26 November 2021 as investors fled risky assets. Silver futures increased 0.12% to Rs.63,868 per kg, or Rs.76.
Gold and silver prices today
The gold price in India dropped 0.02%, taking the value to Rs.47,000 from Rs.47,010.
The price of gold in global markets rose by 0.18% and reached the value of $1816.7. Among the other precious metals, the price of silver dropped 0.06% to $25.2 per Troy ounce.
Further, the price of platinum grew 0.05% to $1078.0 per Troy ounce. Meanwhile in India, the price of gold was quoted at Rs.46,922 per 10 gram on MCX, with a change of Rs.32.8. The price of 24k gold in the Indian spot market was retailing at Rs.47,000 .
The price of gold in India dropped by 0.07% to Rs.46922 per 10 gram, while silver futures fell nearly 0.21% to Rs.63384 per kg.
Gold and Silver Prices on 23 August 2021
Gold futures on the MCX were trading at Rs.47,221 per 10 grams, up 0.13% or Rs.63 on Monday, 23 August 2021. Silver futures rose 0.48%, or Rs.298 per kilogram, to Rs 62,019 a kilogram. On 23 August 2021, the highest quality gold was sold at Rs.47,329 per 10 gram in the spot market, while silver was valued at Rs.62,233 per kg.
Gold prices rally by Rs.382 and silver increase to Rs.66,274
Gold in the Delhi had rallied by Rs.382 and reached Rs.46,992 per 10 gram. During the previous trade, the precious metal closed at Rs.46,610 per 10 gram. In the international market, gold had been trading higher at $1,817 per ounce. Silver and had been higher at $25.42 per ounce.
Decrease in gold prices by Rs.169 with silver dipping to Rs.67,611
In New Delhi, gold prices fell by Rs.169 to settle at Rs.46,796 per 10 gram whereas in the previous trade it had settled at Rs.46,965 per 10 grams. There was a dip in silver prices too by Rs.300 to settle at Rs.67,611 per kilogram from the previous trade session price of Rs.67,911 per kilogram. In the global markets, gold traded lower at $1,804 per ounce while silver remained steady at $26.01 per ounce.
Gold prices witness a decline; silver rates fall in the domestic market
Gold prices have witnessed a constant declining trend for the past 3 days due to a stronger U.S. dollar value in the international market. Due to this, the demand for precious metals declined.
The price of gold on the Multi Commodity Exchange was down by 0.51% to Rs.48,472 per 10 grams, declining by Rs.52. Silver prices, as well, dipped by Rs.575 or 0.80% to Rs.71,304 per kg. In the spot market, 24-karat gold was priced at Rs.48,345 per 10 grams while silver was priced at Rs.71,340 per kg.
In the international market, spot gold prices dipped by 0.2% to $1,861.96 per ounce while U.S. gold futures fell marginally by 0.1% to $1,863.10 per ounce. Silver prices saw a fall by 0.7% and were trading at $27.64 per ounce.
Precious metals ended on a healthy note in May
Comex gold rose 7.8% in May to end at $1,905.3 an ounce. Comex silver, too, ended on a positive note, rising 8.3% to settle at $28.02 an ounce.
MCX gold futures rose 4.9% to close at Rs.49,349 per 10-gm. MCX silver futures went up 5.2% to close at Rs.71,898 per kg.
Comex gold price moved well past the $1,865-1880 target mentioned in the previous month.
Silver price slip by Rs.1,287 on Thursday
On Thursday, silver price slipped by Rs.1,287 in the Delhi. Following the drop in the rate, the white metal was trading at Rs.70,637 per kg. In the international market, silver was trading flat at $27.70 per ounce. Gold price also declined in the national capital. The yellow metal recorded a drop of Rs.319 and was trading at Rs.48,223 for every 10 grams. Globally, gold was trading at $1,900 per ounce. The Indian rupee edged higher by 4 paise against the US dollar and stood at 72.73 in early trade.
Silver futures prices in India jump by around 0.52% on 26 May 2021
Silver futures prices on MCX jumped by Rs.0.52 in India on 26 May 2021 and were at Rs.72,514 for a kg. In the global markets, silver rates jumped by 0.55% and were at $28.20 for an ounce. Spot gold prices in the country did not see any change in its prices. In the international markets, gold prices jumped by 0.35% and were at $1,905.80 for an ounce. Gold futures prices on MCX jumped by 0.25% and were at Rs.48,891 for 10 grams. In the last session, the prices of yellow metal jumped by 0.53% or Rs.122.20 for 10 grams.
Silver rates jump by Rs.2,021 in the national capital on 18 May 2021
Silver prices in the national capital jumped by Rs.2,021 on 18 May 2021 and were at Rs.73,122 for a kg. In the previous session, the prices of the white metal were at Rs.71,101 for a kg. In the international markets, silver prices were at $28.48 for an ounce. Like silver, gold prices jumped in Delhi as well. According to HDFC Securities, gold prices jumped by Rs.333 on 18 May and were at Rs.47,833 for 10 grams. In the last session, gold prices closed at Rs.47,500 per 10 grams. In the global markets, gold prices were trading at $1,869 for an ounce.
Silver price jumps by Rs.1,282 on Tuesday
The price of silver gained Rs.1,282 on Tuesday in the national capital. The increase in the price saw a kilogram of the white metal being retailed for Rs.70,270. In the international market, silver was trading flat at $26.90 per ounce.
Gold price also recorded an incline of Rs.97 in Delhi. Following the increase, 10 grams of the yellow metal cost Rs.46,758. Globally, the precious metal was trading marginally lower at $1,788 per ounce.
Silver prices trading at Rs.66,300 per kg; gold prices at Rs.48,870 per 10 grams
The price of gold increased to Rs.48,870 per 10 grams compared to its previous close of Rs.48,600 per 10 grams. Silver prices were trading at Rs.66,300 per kg in the domestic market. Gold prices in New Delhi were Rs.44,800 per 10 grams for 22-karat gold and Rs.42,970 per 10 grams in Chennai.
24-karat gold was priced at Rs.46,890 per 10 grams in Chennai. Gold prices increased by Rs.587 in New Delhi due to the depreciation of the rupee.
Silver prices had also increased by Rs.682 to Rs.65,468 per kg compared to Rs.64,786 per kg in its previous session.
In the international market, spot gold dipped by 0.5% to $1,734.20 per ounce and U.S. gold futures declined by 0.4% to $1,735.80 per ounce
