Haazir and Physical gold and silver price and report: 20th May 2019

By: Admin
4 weeks ago
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Insignia Consultants

New Delhi

Monday, May 20, 2019

TIME 2:09 PM IST                         

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HAAZIR/PHYSICAL GOLD, SILVER PRICE REPORT

INSIGNIA CONSULTANTS

 

DATE

20-May-19

spot gold

14:09

 

PHYSICAL PRICE

CASH RATE

 

MCX PRICE

 

Rs.

Rs.

 

Rs.

GOLD

MCX+1015

MCX+1050

$1,275.65

31407

SILVER

MCX+850

MCX+1050

$14.41

36144

above is delhi rate only

prices change every second

View:

In my view there will be good gold demand as long as gold prices trade over Rs.32000 per ten grams. Demand will vanish only if gold prices fall below Rs.32000. Silver demand has started to pick up, but still way below expectation.

Notes to the above

Price for delhi city. Prices are in Indian rupees above, unless otherwise specified.

The above are approximate price. Actual may vary.

24 carat is the purity level for both gold and silver.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, crypto currency, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Prepared by Chintan Karnani

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