Today the price of gold got down! Buy it or else gold will soon cross 50000
Gold prices in India rose today after a fall in the previous session. On MCX, June gold futures rose 0.31% to 46,530 per 10 grams. Earlier this month, gold prices recorded a record high of 47,980 per 10 grams. Today, silver futures on MCX fell by 0.35% to 47,167 per kg.
In global markets, gold prices rose today amid US-China tensions. Gold rose 0.1% to $ 1,728.19 an ounce.
China has announced plans to impose a national security law on Hong Kong, which has increased tensions between the US and China. This boosted the appeal for the safe haven of gold as most of the Asian markets were down today.
Earlier this week, gold had reached an all-time high of $ 1,764.55 since October 2012. Gold prices may increase even more in the coming times and gold may reach beyond 50000 per 10 grams.
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