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Gold price today: recovered from the fall; Gold price rises today, silver continues to fall

Story Highlights
  • If the price of gold rises slightly, the pressure on silver will continue.
  • The fall in global gold prices has had repercussions in India
  • Gold had lost Rs 300 on Monday.
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Gold prices rose slightly in the commodity market on Tuesday. So the pressure on silver is constant. On Monday, gold had lost Rs 300 in the bullion market, while silver had lost nearly Rs 1,500. According to the website Good Returns, the price of 22-carat gold fell by Rs 43,000 in Mumbai on Monday. It has lost Rs 800 as compared to Monday.

Gold is currently trading at Rs 44,995 in the multi-commodity market. It has increased marginally by Rs 50. Earlier in the day, gold had lost Rs 104 on the MCX. Gold fell to Rs 44,801. Currently one kg The price of silver 66085. It has fallen by Rs 246.

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Gold and silver fell sharply on Monday. Gold had lost Rs 300 at the close of trading on Monday. Silver also declined by Rs 1,500. Experts say the fall in global gold prices has had repercussions in India.

According to the website Good Returns, the price of 22-carat gold fell by Rs 43,000 in Mumbai on Monday. It has lost Rs 800 as compared to Monday. The price of 24-carat gold has gone up to Rs 44,000.

In Delhi, the price of 22-carat gold has gone up to Rs 44,050. It fell by Rs 150 compared to Monday. The price of 24-carat gold is Rs 48050. In Chennai, the price of 22 carats is Rs 42,280 and the price of 24 carats is Rs 46,120. In Kolkata, 22-carat gold is priced at Rs 44,400 and 24-carat gold is priced at Rs 47,000.

Gold is trading at резрен 1733.69 an ounce in global commodity markets. It has declined by 0.3 percent. Silver also declined by 0.6 percent to 25.61 an ounce. Gold prices have been affected by volatility in global markets, said Tapan Patel, a commodity analyst at HDFC Securities. He said that gold has support at Rs 44,600 on the MCX. It could fall to Rs 45,200, he estimated.

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