After a continuous decline, gold and silver prices have shown an upward trend today, Friday, November 13. This sudden shift in prices—following recent volatility in the Indian bullion market—has brought relief to investors, while buyers are keeping a close watch on market movements.

Gold becomes costlier in the international market.
In the international market (Comex), gold and silver have moved into the 'green zone' after a long period. On Comex, the price of gold rose by 0.89%, trading at $3,919.90 per ounce. Meanwhile, the price of silver climbed by 0.76%, trading at $50.445 per ounce.

Prices rise in the domestic market as well.
Following the conclusion of the festive season, gold and silver prices have surged in the domestic market. Today, gold was seen trading at approximately ₹1.37 lakh per 10 grams, while silver also saw an upward trend, trading at around ₹1.80 lakh per kilogram.

Where is gold trading on the MCX?
On the Multi Commodity Exchange (MCX), gold for December delivery rose by ₹1,325, trading at ₹1,37,550 per 10 grams. Silver also saw an increase of ₹1,500, reaching a price of ₹1,80,199 per kilogram.

Check the rates before making a purchase.
Gold and silver prices have risen as soon as the market opened. As for gold rates, 24-carat gold is trading at approximately ₹136,820 per 10 grams, while 22-carat gold is hovering around ₹125,441 per 10 grams. Meanwhile, 18-carat gold is trading at nearly ₹102,843 per 10 grams. In the bullion market, silver was seen trading at approximately ₹179,560 per kilogram.

Decline in Crude Oil Prices
Regarding crude oil prices, a decline has been observed on COMEX. WTI crude recorded a drop of 0.70%, trading at $88.120 per barrel. Similarly, Brent crude saw a decline of 0.42% and is currently trading at $95.420 per barrel.

PC Social Media