Prices mixed at midday | Friday, August 12, 2022
Gold Silver Charge per unit Today(August 12): Gold and silver mixed in spot, futures trade apartment
Golden Silverish Today, Baronial 12, 2022: Pure gilded 999 opened at Rs 52,481 per 10 grams, rising Rs 21 from Thursday'due south closing price of Rs 52,460, while that of 999 purity silvery was Rs 58,490 per kg, declining Rs 210 from Rs 58,700. Read below to observe out bullion prices.
Gold Rate Today, Silvery Rate Today: Prices of gold and silvery opened on a mixed note in key spot markets of the country on Friday, August 12, 2022.
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The opening price for 999 purity gilt was Rs 52,481 per ten grams, up Rs 21 from Thursday's endmost cost of Rs 52,460, while that of 999 purity silvery was Rs 58,490 per kg, downwards Rs 210 from Rs 58,700, the data available on Bharat Bullion and Jewellers Association's (IBJA) website showed.
| Bullion | Purity | Opening cost (Rs) | Previous close (Rs) |
| Golden | 999 | 52,481 | 52,460 |
| 995 | 52,271 | 52,250 | |
| 916 | 48,073 | 48,053 | |
| 750 | 39,361 | 39,345 | |
| 585 | 30,701 | xxx,689 | |
| Argent | 999 | 58,490 | 58,700 |
| Source: India Bullion and Jewellers Association (IBJA) | |||
On the Multi Commodity Substitution of India (MCX), the gold contract for October delivery was trading at Rs 52,318.00 per 10 grams, downward Rs xviii.00 (0.03 per cent) at 2:51 pm while the silver contract for September delivery was at Rs 58,392.00, up Rs 15.00 (0.03 per cent).
In the international marketplace, spot gold was downward 0.1 per cent at $1,787.83 per ounce, equally of 0835 GMT. US gold futures fell 0.ii per cent to $i,804.00, co-ordinate to Reuters information.
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Commenting on the gold trade, Tapan Patel, Senior Analyst (Commodities) at HDFC Securities said, "Gilded prices traded steady with spot gold prices at COMEX were trading flat near $i,788 per ounce on Friday. Aureate October futurity contract at MCX were trading near Rs. 52364 per 10 grams past noon session. Gold prices are stuck in range over hawkish FED and soft inflation numbers while weaker dollar has capped downside. The United states of america FED hinted aggressive rate hikes despite of ease in inflation. We expect gold prices to trade sideways to upward for the day with COMEX spot golden support at $i,770 and resistance at $one,805 per ounce. MCX Gold Oct back up lies at Rs 52,000 and resistance at Rs 52,700 per 10 grams."
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First published on: 12-08-2022 at 03:21:eighteen pm
Source: https://indianexpress.com/article/business/commodities/gold-silver-price-today-august-12-check-latest-bullion-rates-here-8086301/lite/
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