In today's business, both gold and silver are doing business with precious jewelry shortages. Those waiting for gold prices to come down should also know that it is trading around Rs 8,000 cheaper than its high. Last year, in August 2020, gold touched prices of more than Rs. 55,000 per 10 grams, the highest ever. Though gold is trading slightly above Rs 48,000 today, it is priced at Rs 8,000 cheaper than an all-time high.

What are the prices of gold and silver today:-
Looking at gold prices on the Multi Commodity Exchange, it is trading at Rs 48277 per 10 grams, down 45 rupees or 0.02 percent. Silver is also showing a decline today. Silver is trading at Rs 61533 per kg, down 49 rupees or 0.08 percent on MCX.

How is gold and silver trade in global markets:-
Since this morning, global markets have been witnessing a trend of decline in gold and silver. The boom in US markets in global markets is affecting gold and silver sentiment today. In fact, US Federal Reserve's expectations to keep interest rates on a bullish trend have boosted the dollar and its impact is seen as a decline in gold and silver.

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