Gold / Silver Rate Today (Today’s Gold and Silver Price): On Tuesday, the April futures gold price on MCX is trading down by 0.54 per cent. The prices of silver in March futures declined by 1.26 percent.
Today’s Gold and Silver Price
On the second day of the week, there is a weakness in gold prices on the Multi Commodity Exchange (MCX). April futures gold is trading down by 0.54 per cent on MCX on Tuesday due to sluggish international spot prices. There is also softness in silver on the level of gold. In March futures silver prices (Silver Price Today) has fallen by 1.26 percent. Mixed trend of gold and silver was seen in international markets on Monday. Gold prices declined due to the strengthening dollar index and better than expected US ISM manufacturing data.
Today’s Gold and Silver Price (Gold and Silver Price on 2 March 2021): On Tuesday, the price of April gold futures on MCX fell by 0.54 per cent i.e. Rs 244 to Rs 45,070 per 10 grams. In the international market, April futures gold price stood at $ 1723 an ounce.
At the same time, the March silver futures on MCX fell by 1.37 per cent i.e. by Rs 922 to Rs 66,500 per kg. In the international market, the price of silver was at $ 6.68 per dollar.
Gold price can go up to 56,500
Navneet Damani, Commodity Research of Motilal Oswal Financial Services Limited, says that in the next 6-12 months it can go up to 56500 or even above. Commodity market experts still say that there will be a rise in the price again, so this is a golden opportunity for investment.
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