Gold Price Today, 11th August 2022: Gold prices are showing weakness today due to the signals being received from the global market and the selling since the announcement of RBI. But still today gold is trading at its one month high level. Let’s know the latest rates.
Gold Price Today 11th August 2022: The effect of the fall in the global market is also visible on the Indian markets. Today, the prices of gold and silver are also showing a decline in the Indian futures market. Although still the price of gold is running above 52 thousand. On the other hand, silver has also come down below 59 thousand. Let us know what is the price of gold and silver today?
- What is the price of gold today?
Today, on the Multi Commodity Exchange (MCX), the futures price of 24 carat purity fell by Rs 147 to Rs 52,342 per 10 grams, while silver futures fell by Rs 115 to Rs 58,676 per kg. Today, where trading in gold started openly at the level of Rs 52,450, while trading in silver started openly at the level of Rs 58,791. Let us tell you that gold is currently trading with a fall of 0.28 percent from its previous closing price, while silver is currently trading at a decline of 0.20 percent from its previous closing price.
- How is the global market?
Now let’s talk about the global market, today there is pressure in the prices of gold and silver in the global market. In the US market today, the spot price of gold stood at $ 1,784.97 an ounce, while the spot price of silver also declined to $ 20.45 an ounce today.
- What do experts say?
Regarding the change in the price of gold and silver, experts say that the price of gold in the global market is directly affected by the strength of the US market and the dollar. While on the one hand, the inflation data of July in the US looks to be a relief, due to which it is likely that investors are likely to buy gold in the future. If the geopolitical tension increases, then a selling environment can be seen in gold and the price of gold can fall up to 48 thousand.
- Check Latest Rates
If you also want to know the latest rates of gold and silver daily, then you can get this information sitting at home. For this, you will have to give a missed call from the mobile number to the number 8955664433. Soon after this, you will get an SMS on the mobile phone, in which information will be given about the latest rates of gold and silver in the country.