Spot ( Hazir / Physical ) Gold Silver Report: 11th September 2019

By: Admin
2 weeks ago
1906

Insignia Consultants

New Delhi

Wednesday, September 11, 2019

TIME 1:38 PM IST                         

 --------------------------------------------------------------------------------------------------------------------

HAAZIR/PHYSICAL GOLD, SILVER PRICE REPORT

INSIGNIA CONSULTANTS

 

DATE

11-Sep-19

 

13:38

 

PHYSICAL PRICE

CASH RATE

SPOT PRICE

MCX PRICE

 

Rs.

Rs.

 

Rs.

GOLD

MCX+800

MCX-1200

$1,490.80

38110

SILVER

MCX+600

MCX-400

$18.19

47651

above is delhi rate only

prices change every second

MCX Gold futures are of October contract. MCX Silver futures are of December contract

Cash discounts have widened in both gold and silver. There is very less cash circulation these days owing to tax of two percent on cash withdrawals of over one crore per year. For some bullion dealers and some jewelers this tax is a big burden as they deal in cash of more than one crore rupees every day. “Shradh period of Pitrapaksh” begins on Saturday. Retail jewelry demand for gold and silver will be till Friday only.

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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