Gold Rate Today: Gold prices rose by Rs 2113 to Rs 1,05,937 per 10 grams in futures trading on Monday in futures trading due to strong spot demands. Let us tell you that this is the highest price of gold so far. In October, the price of delivery gold contract in Multi Commodity Exchange (MCX) increased by Rs 2113, or 0.23 percent, to 1,05,937 per 10 grams. Let us tell you that on Friday last week, the futures of gold reached the lifetime high of Rs 1,04,090 per 10 grams. Experts said that gold prices have risen due to the latest deal of participants. Globally, Comex gold futures for December delivery in New York were at a record level of $ 3552.32 an ounce.
Silver price reached beyond Rs 1.24 lakh
In the futures market today, not only gold but silver also broke all its old records. The futures of silver on Monday crossed the level of Rs 1.24 lakh with a big rise of Rs 2597 due to the participants’ their stakes. The December delivery silver contract on the Multi Commodity Exchange rose by Rs 2597 or 2.13 percent to a record of Rs 1,24,470 per kg. This is the highest price of silver so far. Experts said that silver prices have increased due to the latest deal of participants. Globally, the price of silver with December contract in New York has crossed the level of $ 41 an ounce, the highest in the last 14 years.
Gold price closed on new lifetime high in bullion market
On Friday, a gold of 99.9 percent purity gained Rs 2100 to a new lifetime high of Rs 1,03,670 per 10 grams in the bullion market of Delhi. In addition, gold with 99.5 percent purity also rose by Rs 2100 to a new all -time high of Rs 1,03,100 per 10 grams. However, on Friday, the price of silver fell by Rs 1000 to Rs 1,19,000 per kg on Friday at a price of Rs 1,19,000 per kg on Friday.
Latest business news
