Gold Silver Price: On Thursday, once again, gold traded rapidly in the futures market and crossed the level of Rs 58,000 per 10 grams.
Gold Silver Rate on 12 October 2023: The festive season (Festive Season 2023) is going to start in India from Sunday. In such a situation, people do a lot of shopping for gold and silver during this period. If you are also making such planning then let us tell you that there is shocking news for you. On Thursday, gold crossed the level of 58,000 on Multi Commodity Exchange. In the initial phase, gold opened at Rs 58,045. After this, further increase has been recorded in its price and till 11 o’clock it is trading at the level of Rs 58,094 with an increase of Rs 154 or 0.27 percent compared to yesterday. On Wednesday, gold had closed at the level of 57,940 in the futures market.
Along with gold, silver also became expensive
Apart from gold, if we talk about the price of silver, it is also showing a rise today. In the futures market, silver opened today at the level of Rs 69,734 per kg. After this, further increase in its price has been seen and it has become costlier by Rs 409 i.e. 0.59 percent as compared to yesterday and is trading at the level of Rs 69,835 per kg. Yesterday silver closed at Rs 69,325.
Know the new rates of gold and silver in these 10 big cities
24 carat gold in Mumbai Rs 58,910, silver Rs 72,600 per kg
24 carat gold Rs 59,070, silver Rs 75,500 per kg in Chennai
24 carat gold in Kolkata Rs 58,910, silver Rs 72,600 per kg
24 carat gold in Delhi Rs 59,060, silver Rs 72,600 per kg
24 carat gold in Noida Rs 59,060, silver Rs 7,600 per kg
24 carat gold in Ghaziabad Rs 59,060, silver Rs 72,600 per kg
24 carat gold in Jaipur Rs 59,060, silver Rs 70,600 per kg
24 carat gold in Lucknow Rs 59,060, silver Rs 72,600 per kg
In Patna, 24 carat gold Rs 58,960, silver Rs 72,600 per kg
24 carat gold in Gurugram Rs 59,060, silver Rs 72,600 per kg
24 carat gold in Pune Rs 58,910, silver Rs 72,600 per kg
In Goa, 24 carat gold Rs 58,910, silver Rs 71,000 per kg
What is the condition of gold and silver in the international market?
Since the beginning of the Israel-Hamas conflict, the price of gold has been increasing in the international market. Talking about today, gold is trading at $ 1,878.50 per ounce, up 0.24 percent compared to yesterday. Talking about silver, its price is also registering a jump of 0.72 percent today and it is trading at $22.29 per ounce. It is noteworthy that many experts believe that the impact of the war between Israel and Hamas can be seen in the rise in gold prices. Investors are looking at gold as a safe investment option which may affect the price of gold.