Gold Silver Price Crash Today: After one day's rise, the pace of gold and silver stopped once again. On Tuesday, February 10, a decline was recorded in gold and silver (Gold Silver Price Today). However, while there was a slight decline in gold, silver was seen falling headlong. If you are thinking of investing in gold-silver or jewellery, then today's rates can prove important for you. In this live blog, know the latest rates from the global market to MCX and IBJA and moment-to-moment updates related to gold and silver.
Gold Silver Price Today: After one day's rise, the pace of gold and silver stopped once again. On Tuesday, February 10, a fall in gold and silver prices (Gold Silver Price Crash) was recorded. However, while there was a slight decline in gold, silver was seen falling headlong. If you are thinking of investing in gold-silver or jewellery, then today's rates can prove important for you.
There was strong fluctuation in silver prices in the morning trading on Multi Commodity Exchange (MCX). One kilogram of silver was seen trading in the range of Rs 2,57,000-2,58,000 (silver price today). At the beginning of the day, a fall of around Rs 4,000 to Rs 6,000 per kg was recorded (silver price fall today). Today's low level of silver was around Rs 2.56 lakh per kg (silver rate today) and high level was around Rs 2.60 lakh per kg.
Talking about gold, there is also softness in it, but the decline is not as sharp as that of silver. 10 grams of gold is costing around Rs 1,57,500 (gold rate today). There has been a weakness of about Rs 500-1000 per 10 grams (gold price fall today). The lower level of gold for the day was recorded around Rs 1.56 lakh and the upper level was recorded around Rs 1.58 lakh (gold price today).
Gold Silver Price IBJA: Gold costlier by Rs 730, silver cheaper by Rs 4331
Gold Silver Price: On India Bullion and Jewelers Association i.e. IBJA, 24 carat gold fell by Rs 730 and the price became Rs 1,55,700 per 10 grams. Whereas silver fell by Rs 4331 and the price became Rs 2,57,424 per kg.
Gold Reserve in World: Which countries of the world have the most gold, India at what number?
Gold Price Today in City: What are the latest rates of 24K, 22K and 18K gold in your city?
Silver Price Today in City: Latest silver rates from Bhopal-Indore to Delhi, Kanpur-Patna
These prices are till 2.15 pm.
Why did silver prices fall, what did experts say?
Jigar Trivedi, Senior Research Analyst, IndusInd Securities, said that the price of silver fell below US $ 82 an ounce on Tuesday due to profit-booking by traders. This broke a two-day losing streak, while precious metals markets remained volatile after historic declines in recent weeks.
Silver Price Today COMEX: How much did gold and silver fall in the global market?
There was also a decline in gold and silver on the global market (COMEX). By 2 pm, gold fell by 0.33 percent or $16.90 and was seen trading at $5062 per ounce (Rs 1,61,638 per 10 grams in Indian currency). Whereas silver fell by 1.07 percent i.e. $0.87 and traded at $81.355 (about Rs 2,59,781 per kg).
Silver Price Today MCX: Heavy fall in silver till 2 pm
Silver Price Today: Gold and silver prices declined on Tuesday in the futures market due to profit booking by traders amid the weak trend in global markets. By 1 pm, silver was trading at Rs 2,57,300 per kg, down 2.03 per cent. During the early trading of the day, silver was seen trading at a low level of Rs 2,56,424 and a low of Rs 2,60,527. Let us tell you that during the last trading session, silver had closed at Rs 2,62,620.