Traders of gold and silver may now rest easy knowing that prices have dropped. Record sales are anticipated in Dhanteras

 Traders of gold and silver may now rest easy knowing that prices have dropped. Record sales are anticipated in Dhanteras

Good news for purchasers of gold and silver, Dhanteras is almost here.

Large quantities of gold and silver coins or biscuits are bought in India on the day of Dhanteras, but today, on Friday morning, the prices of gold and silver have continued to climb because of the continuing conflict between Israel and Hamas. After receiving good news, consumers felt a huge sense of relaxation.

Price declines for gold and silver

Prices for gold and silver on the MCX market indicated a downward trend today. The delivered price of silver started at Rs 71,745 per kg on Friday morning, while the delivered price of gold began at Rs 60,915 per 10 grams.

Silver and gold prices are rising globally.

In the worldwide market, gold and silver continue to be positive despite the fall seen in the home market. Silver is selling at $23.03 per ounce on Comex, while gold is trading at 1998.70.

Q&As

What is the Friday morning gold price on the local market?

Ten grams cost Rs 60,915 each.

To what extent has the local silver futures market price dropped?

At 71,745 rupees per kilogram.

What will gold's price on the world market be in the future?

At 1998.70 per ounce.