Gold futures on Comex were seen trading at $ 2655 per ounce after going up to $ 2645 and then at $ 2641 per ounce and silver after going up to $ 31.30 per ounce were seen trading at $ 31.41 and then at $ 31.13 per ounce.
Good buying by investors in silver and strength in the international bullion futures market were seen. Due to this effect, a strong rise in silver prices was seen in the spot market. Silver futures on Comex rose by 49 cents to $ 31.30 an ounce.
In Indore also, silver rose by Rs 600 to Rs 92200 per kg. At the same time, business in gold was seen to be sluggish due to which gold prices remained stable. Despite political turmoil in France and South Korea, the demand for safe investment in gold does not seem to be increasing yet.
The strength of the dollar is also the reason for this. The rally on Wall Street has reduced the demand for gold to a great extent. Wall Street indexes hit record highs overnight due to strength in technology stocks.
Indore closing prices
- Gold Cadbury Rawa was quoted at Rs 78400 in cash, Gold (RTGS) 78300, Gold (91.60) and Rs 71600 per ten grams. On Wednesday, gold had closed at Rs 78400.
- Silver Chaurasa was sold in cash at Rs 92200, Silver Chaurasa (RTGS) at Rs 92100, Silver Punch was sold at Rs 92300 per kg and Silver Coin was sold at Rs 1045 per piece. On Wednesday, Chandi Chaurasa Cash had closed at Rs 91600.
