Gold and silver prices rise today in Indian markets after being relieved in the previous session. October futures on MCX rise 0.83 per cent to Rs 53,216 per 10 grams. While silver futures rose 1.4 per cent i.e. Rs 865 to Rs 63,535 per kg. Gold prices reached new highs this week due to the boom in global markets. In the previous session, silver lost 4 per cent, i.e Rs 2,762 per kg, while gold lost 0.4 per cent.
Gold prices remained stable in global markets today. The demand for yellow metal has been supported by rising cases of corona virus. Spot gold was steady at $ 1,958.99 an ounce while US gold futures rose 0.5 percent to $ 1,953. Gold is up 10 per cent in global markets so far this month. This figure is the largest in the last four years.
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