Gold Silver Price on 16 December 2022: If you are planning to buy gold and silver today, then we are giving you information about the latest price of gold and silver in Indian futures market and bullion market. On the last trading day of the week, where a decrease in the prices of both gold and silver was recorded in the international market, its effect is also visible in the Indian Multi Commodity Exchange (MCX). Today, a decline in the price of both gold and silver has been registered in MCX in the early trade. With the start of trading, a decline of 0.01 percent in the price of gold was recorded (Gold Price Today). Today gold opened at Rs 54,157 and since then it is witnessing ups and downs in its price. At 11:30 am, 24 carat gold is trading down at Rs 54,080 per 10 grams.
On the other hand, talking about silver, a decline of 0.39 percent has been recorded in silver in MCX in the initial trade. With the opening of the market, silver was trading at Rs 67,673 per kg. After this, there is a continuous decline in the price of silver and it is trading at Rs 67,437 per kg at 11:30 am (Silver Price Today). Talking about yesterday, gold fell by Rs 575 to Rs 54,099 and silver fell by Rs 256 to close at Rs 67,562.
What is the condition of gold and silver in the international market?
Today, a decline has been recorded in the prices of both gold and silver in the international market. Today, after a total decline of 1.53 per cent in the spot price of gold in the international market, it is trending at $1,780.01 per ounce (International Gold Price). At the same time, a decline has also been registered in the price of silver. Today, after a fall of 3.48 percent in the price of silver, it is trending at $ 23.02 per ounce (International Silver Price).
How is the condition of bullion market?
The period of decline continued in the bullion market of the capital Delhi on Thursday. While the price of gold has decreased by Rs 420, the price of silver has decreased by Rs 869. In such a situation, gold closed at Rs 54,554 per 10 grams and silver at Rs 68,254 per kg yesterday. Earlier, gold had closed at Rs 54,974.
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