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Gold-Silver Price Today: Gold rates rises in Diwali Season; Check here

On the first trading day, ie on Monday, gold futures on MCX are increasing by 0.16 percent at Rs 52 thousand 252 per ten grams.

Yogita S.

Yogita S.By Yogita S.

Published on 9 Nov 2020 7:34 AM GMT

Gold-Silver Price Today: Gold rates rises in Diwali Season; Check here
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New Delhi: Amid the festive season, the prices of gold and silver are continuously increasing in Indian markets. In this episode, today, on Monday, once again, both precious metals have jumped. The rise in gold and silver prices in global markets has led to a jump in both metals in domestic markets as well.

How much did gold and silver cost?

On the first trading day, ie on Monday, gold futures on MCX are increasing by 0.16 percent at Rs 52 thousand 252 per ten grams. On the other hand, if we talk about silver, silver futures are increasing by 0.8 percent at Rs 65 thousand 880 per kg.

Explain that the prices of gold have increased by about one and a half thousand rupees per ten grams in the last five days. In August, gold had reached a record high of Rs 56 thousand 200 per ten grams.

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Gold price increased:

According to experts, today, due to the weak dollar, the price of gold has gone up globally. Today, spot gold has risen 0.2 per cent to $ 1,955.76 an ounce. Explain that gold is mostly traded in US dollars and India is a major importer of gold.

Let us know that this boom in gold is being recorded between the festive season. Dhanteras and Diwali is coming in just a few days. At this time people consider buying gold quite auspicious, but there is a continuous increase in gold before the festival. However, in the meantime, the eighth series of the Gold Bond Scheme has been opened for subscription by the government. Through this you can get a chance to buy cheap gold. This bond can be invested till November 13.

ALSO READ: Deepotsav 2020: UP Govt plans to launch website for virtual Diwali celebration

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Yogita S.

Yogita S.

Media Graduate, News Editor and PR Enthusiast.

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