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Today, let’s talk about the prices of gold and silver. In the domestic commodity market today, the price of gold has strengthened, while the rate of silver is being registered with a decline. The price of gold on MCX is trading with a slight strength of Rs. 12 at Rs. 66,035 per 10 grams. Previously, on Friday, the price of gold crossed the level of Rs. 66,350 for the first time. The rate of silver has slipped to Rs. 74,195 per kilogram with a decline of Rs. 67.
Talking about the international market, gold is trading at a record high on COMEX. The price of gold on COMEX is at $2,187 per ounce, which is an all-time high level. On the other hand, the price of silver has slightly declined. The price of silver on COMEX has slipped below $24.50 per ounce.
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Definitions:
MCX – Multi Commodity Exchange, India’s largest commodity derivatives exchange
COMEX – Commodity Exchange Inc., the primary market for trading metals such as gold and silver
