Gold-silver Rate Today, 20 April 2022: If You Want To Buy Gold Then Hurry Up, Today It Has Become So Cheap

Gold and Silver Rate Today (Today’s Gold-Silver Rate), 20 April 2022: Gold and silver became cheaper in the international market today. There has also been a fall in the price of crude oil.

Gold is highly sensitive to rising US interest rates.

The spot price of gold has increased by Rs 1,550 per 10 grams in a week.

Silver rose by around Rs 2,700 per kg during this period.

Gold and Silver Rate Today, 20 April 2022: If you are thinking of buying gold or silver jewelry, coins, etc., then today can be a good day. This is because a fall in the price of gold has been recorded on the Multi Commodity Exchange (MCX) today. Not only this, today the price of silver in MCX has also come down. 

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Today, gold futures on MCX fell 0.56 per cent, i.e. Rs 256, to Rs 52,453 per 10 grams. Similarly, silver futures fell by 0.64 per cent, or Rs 438, to Rs 68,332 per kg.

Strengthening of the US dollar and Treasury yields weighed on the precious metals prices. The yellow metal had declined on Tuesday as well. Gold had become cheaper by 1.8 per cent in the previous session.

According to the Indian Bullion and Jewelers Association, the highest purity gold was sold in the spot market on Tuesday at Rs 53,499 per 10 grams During this period, the price of silver was Rs 70,344 per kg.

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There is so much in the global market, in the international market, gold fell by 1.38 percent to reach $ 1,959 an ounce. Silver fell by 2.89 per cent to USD 25.48 an ounce. Among other precious metals, copper fell 1.70 per cent to $474, zinc was up 0.54 per cent to $4507 and aluminum was down 1.15 per cent to $3261.

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