MCX Gold was falling since three days and after 3 days today the prices of gold rose by Rs 215. On Wednesday Gold is trading at 28850 with rise of 215 points. This Recovery in gold is due to global market.
Singapore market , gold rose 1 cent to $ 1212 per ounce level is reached. The London gold market in early trading 0.42 per cent reached the level of 1205.4.
According to traders with an edge in the global market of new demand in the domestic market price of gold is supported.
With the gold and silver prices have seen an increase. Silver on Wednesday once again has crossed 37,000 level. Silver rose by Rs 250 per kg in today's business touched Rs 37100. Industrial demand for silver has recourse.
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