According to market information, there is a possibility of seeing fluctuations in gold-silver prices today.
Gold Silver price Today
Gold and silver prices are seen fluctuating on MCX in early Thursday trading session. On June 4, the futures price of NCX is being recorded at Rs 57 per ten gram. It is seen to be trading at Rs 44,992 per ten grams with a rise of 57 rupees. At the same time, silver futures prices are falling by Rs 254. With a fall of Rs 254, its price seems to be trading at the level of Rs 63614 per kg.
Talking about the Delhi Bullion Market, on Wednesday, gold fell by Rs 49 to close at Rs 43925 per ten gram level. On Tuesday, it had closed at the level of Rs 43974 per ten grams. Silver price also declined in bullion market. It closed at the level of Rs 62441 per kg, falling by Rs 331. On Tuesday, it had closed at the level of Rs 62,772.
Why are there ups and downs
Actually, the effect of mixed signals of foreign markets is being seen on Indian markets as well. At the same time, the impact of the rise of the dollar index also yellow reached the 15-month high of the dollar index in Wednesday’s trading session. At the same time, the 10-year US bond yield has also reached 1.728 percent. On March 30, it reached 1.77 percent level, which is the highest since January 2020.
How will be the move
According to market information, there is a possibility of seeing fluctuations in the prices of gold and silver even further. In fact, in the last weeks, there has been such news, including the Federal Reserve, the strength in the yield, the second web of Corona, due to which the effect on gold prices has been seen. Market experts believe that the trend of ups and downs may continue for the next few days. Gold prices were recorded at a record high during the peak of Corona. There was a strong rise in the price of gold in August, but since then, gold has become cheaper by about Rs. 12000.
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