Gold, which reached a record high, remained stable on Friday. Gold in the national capital remained stable at its all -time high price of Rs 86,070 per 10 grams. There was no change in it. According to PTI news, this precious metal with 99.9 percent purity on Thursday continued its record-setting trend in the sixth consecutive session, which rose by Rs 270 to a new all-time high of Rs 86,070 per 10 grams. On Friday, gold with 99.5 percent purity remained stable at Rs 85,670 per 10 grams. Silver prices also stabilized at Rs 96,500 per kg in the second consecutive season.
Gold in futures market
According to the news, the precious metal gained momentum in futures trading on the Multi Commodity Exchange (MCX). The April contract of gold rose by Rs 249 to Rs 84,693 per 10 grams on MCX, which was trading near its record high levels. On Wednesday, it reached a new summit of Rs 84,894 per 10 grams at the Commodity Exchange. There was a positive business in gold. Jatin Trivedi, VP research analyst of commodity and currency in LKP Securities, said that the focus of the market participants focuses on the upcoming American non-agricultural payroll and unemployment figures, providing important information about the policy of the future of Federal Reserve and Federal Reserve’s future policy Will do it
Silver in futures market
Silver futures for March delivery on multi -commodity exchange increased by Rs 105 to Rs 95,693 per kg. In foreign markets, comex gold futures increased to $ 13.90 an ounce for April delivery, or 0.48 percent to $ 2,890.60 an ounce. Gold was seen hovering around its all-time high levels, which precedes a slight improvement in the US NFP (non-agricultural payroll) data and dollar index.
Expert opinion
Pranav Mer, vice president of EBG-Comodity and Currency Research of JM Financial Services Limited, said that however, the underlying speed remains positive due to uncertainty over US President Donald Trump’s policies and the impact on the global economy, which remains positive, causing financial markets to remain positive due to uncertainty about its uncertainty. There is instability in. Silver futures for March delivery rose 27 percent to 32. $ 73 an ounce.
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