Gold and silver prices rose slightly as the market opened on Tuesday. On 23-2-22121, the gold price of Multi Commodity Exchange (MSX) was at Rs 46906.00 per 10 grams. Silver also traded at Rs 430,477.00 per kg with a profit of Rs 5.00.
Gold prices rose in the Delhi Bullet Market on Monday. Gold rose by Rs 278 per 10 grams to Rs 46,013.
In the last few months, the price of gold has decreased by 9 thousand rupees. Gold futures on the MSX rose 0.24 per cent to Rs 46,350 per 10 grams. The gold rate in August was Rs 52,200. According to experts, the demand will increase this year due to the gold rate correction. The gold rate is expected to reach Rs 58,000 per 10 grams. The price of silver can touch Rs 1 lakh per kg.
The government will change the gold monetization scheme and all state-owned banks are being considered for inclusion in the scheme.