Gold Rate Today: Gold again crosses 72 thousand in Indore bullion market, silver prices fall

indore bullion market

Highlights

In Indore today, gold Cadbury cash rose by Rs 400. Gold futures rose by $ 31 to $ 2476 an ounce. Silver futures rose by 5 cents to $ 28.04 an ounce.

Naiduniya Representative, Indore. The fear of Iran’s possible retaliatory attack against Israel is increasing geopolitical instability. Due to this, investors are again buying gold in the bullion market around the world. This is becoming a factor in increasing the prices of gold.

The gold market is also excited by the possibility of a cut in interest rates in the US. Also, the soft inflation figures are further reinforcing this belief. On Tuesday, gold futures on Comex rose by $31 to trade at $2476 per ounce and silver futures rose by 5 cents to trade at $28.04 per ounce.

Due to this, the prices of gold and silver continued to rise in Indore market. On Tuesday, gold Cadbury Cash in Indore increased by Rs 400. Gold has once again crossed Rs 72 thousand. Foreign media reports have revealed that Iran may attack Israel as early as this week.

In such a situation, gold will continue to rise further. Gold futures on Comex traded at $24.76, then $2460 and down to $2458 per ounce, while silver traded at $27.72 and down to $27.62 per ounce after going up to $28.04.

Indore closing rates – Gold Cadbury Rava cash was quoted at Rs. 72300 Gold (RTGS) 72150 Gold (91.60 carat) (RTGS) 66000 per ten gram. On Monday, gold had closed at Rs. 71900. Silver Chaursa cash 82400 Silver Chaursa (RTGS) 82300 Silver Tanchi was sold at Rs. 82400 per kg and silver coin at Rs. 950 per piece. On Monday, Silver Chaursa cash had closed at Rs. 82600.