Gold Silver Rate Updates: In the festive season, there is a decline in the price of gold these days. This yellow metal is still seen in the range of decline. On the other hand, if we talk about silver i.e. silver, then there is a good jump in it. Looking at the current festive season, good buying is being expected for both gold and silver. Due to this, experts are also assuming that the price of gold can be seen further.
gold price today
Gold futures on MCX ie Multi Commodity Exchange are trading with weakness. Gold is trading today with a slight fall of Rs 49 or 0.10 percent on the futures of December 3, 2021. Due to this, the price of gold on MCX has gone up to Rs 47,761 per 10 grams.
Silver’s increased luster, showing buoyancy
Meanwhile, there is a jump in the prices of silver and its futures on December 3, 2021 are also visible in the green mark. Silver December futures on MCX is trading at 65,035 with a gain of Rs 21 or 0.03 per cent.
How were gold and silver prices yesterday
Talking about yesterday, both gold and silver were trading with a fall on MCX and there was a declining trend in it. Gold was being traded at Rs 48,147 per gram. Apart from this, if we look at silver, it was trading at Rs 66,235 per kg, down by Rs 182 or 0.28 per cent.
What do experts say
Bullion experts say that looking at the upcoming festive season in India and the world, good buying is expected in gold. There is a possibility of an increase in the price of gold and in the same way the prices of silver can also increase. The festival of Diwali is coming in India and the festival of Dhanteras which comes before it is considered very auspicious for the purchase of gold and silver. There is enthusiasm among the people about the festival of Dhanteras coming on November 2 and the bullion market can get its benefit.
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