The shine of gold increased amid weak rupee and fall in the stock market! Know what is the price today

Gold Price Today: After Makar Sankranti the season of Shehnai is coming. That’s why people have started making jewelery for wedding ceremonies. The gold market is also very hot. The price of 24 carat gold has increased by Rs 850 per 10 grams in a week. The importance of silver has also not diminished. The price of silver has also increased by Rs 1300 per kg compared to last week.

Gold opened at Rs 78,375 on MCX

The February future of gold on Multi Commodity Exchange opened on Monday at the rate of Rs 78,375 per 10 grams. Which was 0.06 percent or Rs 48 down from the last time the market closed. Whereas the March future of silver has fallen slightly. It is trading at Rs 92,195 per kg, which was down 0.34 per cent or Rs 311 from the last time the market closed. However, compared to last week, the rates of both gold and silver have increased. Keeping in mind the upcoming US inflation data, the dollar continues to fluctuate. Due to this, there is a lot of fluctuation in the rates of gold and silver. Gold and silver closed with positive trend on Friday. The February future contract of gold closed around Rs 78,423 per 10 grams.

There is a possibility of further progress

Experts are of the opinion that there is a possibility of further increase in the rates of gold and silver. They are being predicted to continue rising on the commodity exchanges in the near future. In view of the increasing rates of gold in different metros, the possibility of its rise in the commodity exchange is also being expressed. However, due to global conditions, gold prices are already skyrocketing in both the international market and the domestic market of India.

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