First petrol-diesel and now gold prices are rising day by day, find out today's prices

 

Gold prices rise for second day in a row, gold reaches new record level, find out today's prices

Gold is constantly setting new records. Future prices of gold were also seen on Tuesday after reaching new record levels since Monday. Gold prices rose 0.06 percent on Tuesday. In gold futures rate, gold for August delivery touched Rs 48,310 per 10 grams on Tuesday, June 30. At the same time, silver rose by 0.03 per cent to Rs 49,133 per kg.

Gold prices on Tuesday

On Tuesday, June 30, gold prices continued to rise. Gold for delivery in August on MCX touched Rs 48,275 per 10 grams. Today, with the opening of the market, gold prices have started to appear. At 11.00 am, gold rose by Rs 48,310 per 10 grams on the Multi Commodity Exchange. Gold opened at Rs 48,275 on the MCX. Let me tell you, the futures price of gold last week was Rs. Reached a record high of 48,589, while gold reached an all-time high in the Indian bullion market.

The reason behind the rise in gold prices

In fact, gold prices continue to rise due to the Corona virus. Due to Corona's rapidly growing transition, investors are looking for a safe investment and gold has always been the first choice of investors as a safe investment option. With the stock market volatile due to the Corona virus, investors are investing heavily in gold, which has led to a rise in gold prices.

Over the next two months, the gold market will cross the Rs 52,000 mark considering the price of actors. At the same time, gold prices are expected to touch Rs 65,000 per 10 grams in the next two years. According to Anuj Gupta, vice president of Angel Broking and an expert on commodity markets, the corona virus is causing a global economic downturn, which will lead to more investment in gold and higher prices in the coming days.

The average prices of gold and silver in 14 bullion markets across the country are displayed on their website by Bharat Bullion and Jewelery Association Limited.

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Gold prices in the bullion market fell slightly on Tuesday, according to gold-silver futures prices released on the website on Tuesday. Gold of 99.9 per cent purity touched Rs 48,534 per 10 grams, up from Rs 48,600 per 10 grams on Monday.

At the same time, 99.5 per cent purity gold was priced at Rs 48,340 per 10 grams. Gold of 91.6 per cent purity is priced at Rs 44,457 per 10 grams, 18 carat gold at Rs 36,457 per 10 grams and guinea 8 grams at Rs 28,392 per 10 grams. Silver futures traded lower by Rs 10 to Rs 48,556 in the Indian bullion market on Tuesday.