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Gold Silver Price Today, 12 May 2023: If you are planning to buy gold during the wedding season, there is good news for you. After the record increase of the last few weeks, the decline in gold and silver prices (Gold Silver Price Today) continued for the third day as well.
On Friday, gold fell below the 61,000 level, while silver moved closer to Rs 73,000. In the futures market (Gold MCX Price), gold opened at Rs 60,795. After this, the trend of decline continues, currently it is trading at Rs 60,767 with a decline of Rs 125 or 0.21 per cent per 10 grams. It closed at Rs 60,892 on May 11.
A decline was also recorded in silver
On the other hand, if we talk about silver, it is also trading on red mark on 12th May. Silver settled at Rs 73,675 per kg as the market opened. After this, it has witnessed a further decline and at present it has reached Rs 73,053 with a huge decline of Rs 775 or 1.05 percent. Talking about yesterday, it closed at Rs 73,808 per kg.
What is the situation in the international market?
Pressure is being seen on the international price of both gold and silver in the international market. In such a situation, both are doing business on red mark here too. Gold was down 0.3 percent today at 2,010.29 an ounce. Along with this, silver is trading at 23.98 dollars with a fall of 0.8 percent.
What are the latest rates in four cities?
New Delhi – 22 carat gold Rs 56,650 per 10 grams, silver Rs 75,000 per kg
CHENNAI— 22 carat gold at Rs 57,050 per 10 grams, silver at Rs 82,000 per kg.
Mumbai- 22 carat gold Rs 56,550 per 10 grams, silver Rs 75,000 per kg.
Kolkata— 22 carat gold at Rs 56,550 per 10 grams, silver at Rs 75,000 per kg.
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