Today Gold Rate: Loud gold and silver prices

Today Gold Rate: Gold prices continue to rise. For the second day in a row, the PSD rate rose. This is bad news for those who want to buy gold. Silver rates are also running along the gold price path. Silver also rose today. With this, it can be said that gold and silver prices have started to fluctuate again. Take a look at the latest Gold Prices in the Telugu states on May 21. The price of 24 carat gold is Rs. 440 increased. With this, the gold price today (Rs. 50,950. Also, the rate of 22 carat gold rose by Rs 400. This brought the price of 10 grams of ornamental gold to Rs 46,700. This is the second day that gold prices have risen. During this period, the psidi rate ran up to Rs.660. And so is the silver rate. Silver price is Rs. 900 rallied. 65,900.

Like in the MCX market
Gold prices moved higher on Friday night in the Multi Commodity Exchange (MCX) market. Rising prices in the international market have also had an impact on the domestic market. That is why the price of gold futures rose by 0.22 per cent. Gold price touched Rs 50,656. Silver futures also rose 0.43 percent. Rs 61,830.

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US dollar withdrawn
The US dollar has fallen below a two-decade high. Demand for this specialty has grown significantly as a result of growing concerns over US economic growth. Ravi Singh, Vice President and Head of Research, Share India, said that factors such as geographical instability and inflation also contributed to the rise in the pound.

In technical terms, gold and silver prices fell. Therefore, the prices are likely to go up sharply in the near future, said Amit Khare, Ganganagar Commodity AVP-Research Commodities. Short covering is said to be the reason for this. The momentum indicator RSI suggests the same thing. It was suggested that a new buying position could be created at the support levels of Rs 50,400 as well as Rs 50,200.

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