Gold price registers biggest gain on MCX since March 2023. Buy, sell opr hold?
Gold rate today: On account of escalating tension in Israel Palestine conflict, gold price on Multi Commodity Exchange (MCX) registered an intraday rise of ₹1497 per 10 gm, which is its biggest rise on the bourse since 13th March 2023. On 13th March 2023, yellow metal price had surged ₹1,492 per 10 gm on MCX.
Gold future contract for December expiry on MCX ended 2.58 per cent higher at ₹59,415 per 10 gm levels on Friday. In international market, spot gold price finished at $1,932.40 per ounce levels.
logging intraday gain of over $63 dollar per ounce or 3.41 per cent rise on Friday. Silver price also witnessed sharp upside movement on last session of the week gone by.
Silver rates on MCX ended ₹2,294 per kg or 3.32 per cent higher at ₹71,367 per kg levels. In international market, silver price ended over 4 per cent higher at 22.70 per ounce levels.
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