Gold and Silver Price: The trend of fluctuations in the prices of gold and silver continues. On Tuesday, May 19, a big fall was seen in the prices of silver. On the other hand, the price of gold is trading in the green with a slight increase. On the Multi Commodity Exchange (MCX) around 09.51 am, gold for delivery on June 5 was trading at Rs 1,58,996.00 per 10 grams with a slight rise of Rs 93 (0.06 percent). Whereas, silver prices for delivery on July 3 were trading at Rs 2,75,166 per kg, down by 0.54 percent (Rs 1485).
Fall in silver, slight rise in gold
On Tuesday, gold for delivery on June 5 opened with a slight rise at Rs 1,59,008 per 10 grams, which had closed at Rs 1,58,903 per 10 grams on Monday. During trading today, gold prices have ranged from an intraday high of Rs 1,59,437 per 10 grams to an intraday low of Rs 1,58,601 per 10 grams. On the other hand, silver prices for delivery on July 3 opened with a decline today at Rs 2,76,271 per kg, which had closed at Rs 2,76,651 on Monday. During trading today, the price of silver had ranged from an intraday high of Rs 2,76,666 per kg to an intraday low of Rs 2,74,606 per kg.
What is the condition of gold and silver in the bullion market?
On Monday, different changes were seen in the prices of gold and silver in the bullion market of Delhi. According to All India Bullion Association, on Monday, silver prices in Delhi’s bullion market increased by Rs 1000 and closed at Rs 2,76,000 per 1 kg. Apart from silver, there was no change in the price of gold of 99.9 percent purity in Delhi’s bullion market and it remained stable at last week’s Friday rate of Rs 1,62,800 per 10 grams.
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