Gold prices have decreased, while silver prices have seen an increase. Gold has slightly fallen in both domestic and international markets today, while silver remains b. Before investing or purchasing, know today's latest prices and market trends.
Gold-Silver Rate Today: Today, Monday, July 8th, the price of gold started with a soft trend on the Multi Commodity Exchange (MCX). The August delivery gold contract opened at ₹97,172 per 10 grams, down ₹98. At the time of writing, gold prices had further fallen to ₹97,118.
During this period, gold touched a high of ₹97,183 and a low of ₹97,069. This decline was observed due to investor caution and a slight weakness in the international market. Gold has reached ₹1,01,078 per 10 grams this year, which is its highest level.
Silver Prices Rise
Contrary to gold, silver prices saw an increase today. The September delivery silver futures contract on MCX opened at ₹1,08,498 per kilogram, up ₹177.
At the time of writing, this contract was trading at ₹1,08,438 per kilogram. The day's high was ₹1,08,557 and the low was ₹1,08,350. The highest price of silver this year has been ₹1,09,748 per kilogram.
What was the trend in the international market?
This fluctuation in gold and silver prices was not limited to India. The US market, Comex, also started today with an increase in both gold and silver, but gold soon saw a decline.
Gold opened on Comex at $3,348.90 per ounce, which was above the previous closing price of $3,342.80. However, at the time of writing, it was trading at $3,341.70 per ounce, down $1.10. It has also touched a high of $3,509.90 this year.
Speaking of silver, it opened on Comex at $36.95 per ounce and was trading at $37.05 per ounce at the time of writing, up $0.15. The previous closing price was $36.90.
