However, Silver March Futures Contracts, however, Rs. 425 or 0.45% Rs. Were trading at 95,155.
On Tuesday, gold and silver settled on a positive note in domestic and international markets. The Gold April Futures Agreement stabilized at Rs 86,026 per 10 grams and with a growth of 0.21%, 0.75% per kilogram and the Silver May Futures Agreement benefited.
Gold and silver enhanced their advantage amid a safe-and-a-run trade war between the United States and the rest of the world. US imposed trade tariffs on Mexico, Canada and China. US In response to a tariff, China and Canada are taking revenge on imposing tariffs on US goods.
“The growth in the trade war supported the purchase of a safe-haven for precious metals,” Manoj Kumar Jain of Prithefinmart Commodity Research believes.
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Gold and silver prices have also risen amid weakness in the Dollar Lur Index. The Dollar Ler Index went down to a 3-month low between the strength in the euro and other currencies. Today, the USD LAR Lar Index, DXY, 105.74 mark, was moving near the trading flat.
However, the U.S. Bond yields and Russia-Ukraine can benefit from the possibility of a peace deal. We expect that gold and silver prices will remain unstable this week between the Dollar Lur Index and the turmoil in the US trade war, but in the international markets, respectively, the main support level per troy Ounce Tuna can keep the Troy Ounce Level in the international markets based on the weekly closure of gold and silver.
Series of gold and silver by Manoj Kumar Jain:
- In MCX, Gold gets Rs. 85,770-85,400 and resistance Rs. There is support at 86,360-86,720
- Silver has Rs 95,550-94,800 and resistance Rs. Support at 96,850-97,500.
Jain suggests buying silver on dips around Rs 95,750, with a stop loss of Rs 95,220 for a target of Rs 96,800.
Gold rate in physical markets
Gold price in Delhi today
Standard Gold (22 carat) in Delhi is priced at Rs. 58,416/8 grams while pure gold (24 karat) is priced at Rs. 62,328/8 grams.
Gold price in Mumbai today
Standard Gold (22 carat) in Mumbai is priced at Rs. 56,976/8 grams while pure gold (24 karat) prices are 60,792/8 grams of Rs.
Gold price in Chennai today
Standard Gold (22 carat) in Chennai is priced at Rs. 56,656/8 grams while pure gold (24 karat) prices are 60,376/8 grams of Rs.
Gold price in Hyderabad today
Standard Gold (22 carat) in Hyderabad is priced at Rs. 57,064/8 grams while pure gold (24 carat) is priced at Rs. 60,784/8 grams.
(Connection: The recommendations, suggestions, opinions and opinions provided by experts have their own. This does not represent opinions of economic time)
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