MCX Silver and MCX Gold Today and Tomorrow

Rise in price for the bullions in the internatinal market, domestic bullion market price of precious metals gold - silver was on its way up again. Local market at Gold reached a level of Rs 32,500 per ten gram, gold has surged to Rs 200. Silver prices moved up by Rs 500 to Rs 62,000 per kg reached.

According to jewelry traders, from the local level demand for precious metals is not increasing so the prices are fluctuating by external approach, i.e., through international market.

Since the last two days of trading the international bullion market was trading bearish but after the decision of Bank of Japan to buy the bonds made bullion market flourish and the prices in the precious metal, i.e. gold and Silver were also seen increasing. Gold reached at $1,779 per ounce and Silver also gained 0.43 percent to $ 34.93 an ounce in London.

Gold gained Rs 200 to Rs 32,500 per ten gram reached. Gold coins also gained Rs 100 to Rs 25,500 per eight grams.

Silver too gained Rs.500 and reached to Rs. 62,000 again. Firmed up to Rs 2,000 per hundered silver coins also gained. Silver coin buying and selling 78,000 to 79,000 rupees per cent. According to traders in the market at the moment is the lack of retail subscriptions, but come close to the festive season has started out seeking to buy wholesale.

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