Gold-Silver Price: Gold and silver saw a rise on the Multi-Commodity Exchange (MCX) on Monday. On the other hand, talking about the bullion market, a decline was seen in these metals. Experts are hopeful that gold currently running beyond Rs 60,000 can reach the level of 65,000 on Akshaya Tritiya.
Gold Price 17th April: If you are also planning to buy gold or silver, then this news will make you happy. Amidst the ups and downs going on in gold and silver for the last few days, today a mixed trend was seen in both the precious metals. Gold and silver saw a rise on the Multi-Commodity Exchange (MCX) on Monday. On the other hand, talking about the bullion market, a decline was seen in these metals. Experts are hopeful that gold currently running beyond Rs 60,000 can reach the level of 65,000 on Akshaya Tritiya.
The rate can go up to Rs 65,000
Since the decline in gold and silver in February, it is seeing a steady rise. Experts are expecting the rate of gold to go up to Rs 65,000 per 10 grams and silver to Rs 80,000 per 10 grams in the near future. Presently the gold rate is crossing Rs 60,000. Amidst the ups and downs going on in the world market, there is a period of price uncertainty in the Indian market as well.
MCX declined on Monday
On Monday, both gold and silver rates saw a rising trend on the Multi-Commodity Exchange (MCX). On Monday morning, gold was seen trending up by Rs 239 at Rs 60568 per 10 grams and silver at Rs 76162 per kg with a gain of Rs 485. Earlier, gold had closed at Rs 60329 per 10 grams and silver at Rs 75677 per kg.
Gold and silver rise in the bullion market
Bullion market rates are issued daily by the India Bullions Association (https://ibjarates.com). On Monday, the first trading day of the week, 24 carat gold fell to the level of Rs 60709 per 10 grams. A decline was also observed in silver on Monday and it reached the level of 75570. On Monday, 23 carat gold reached 60466, 22 carat gold 55609 and 20 carat gold reached Rs 45532 per 10 grams.
