MCX Gold and Silver prices

Speculation in gold business at global level, which led to the growing trend of investors. During the trading price of gold climbed to 1791.20 dollars per ounce, which is the highest level since November 2011. However, it was trading at 1778.89 dollars per ounce.

Traders said gold tone of the market is hard to predict, but soon it could 1,800.00 per ounce mark. After showing flashes of gold has led to an increase in the strength of the euro. Figures to be released in the U.S. at the end of the week the job. They are expected to be positive. This has seen a rise in gold prices.

On the domestic bullion market here on account of Gandhi Jayanti was a holiday. Gold prices remain at record levels in the country. Subscriptions are out of this recession and investors. On the last business day of the gold price per ten grams to Rs 31,750 were registered. Silver price was Rs. 62,565 per kg.

During trading, guineas buying and selling prices remain unchanged and were constant. Traders say that the spot market is the lack of subscription. However, the new deal is being sought is more silver than gold. The silver prices are high.