Gold Rate today | Silver price | Gold | Silver | MCX Gold price : Gold Price, Silver price update for 10 April Monday. Know Views of India’s Big commodity experts like Manoj Jain, Prithvi Finmart, Market and Commodity Expert Sugandha Sachdeva, Ajay Kedia, Kedia Commodity and Anuj Gupta of IIFL Sec on gold and silver. Check 24, 22 carat gold, 18 carat gold rate, 14 carat gold price and silver price. Check update on gold, silver price outlook for COMEX Group and MCX.
According to Commodity Market expert Manoj Jain, Prithvi Finmart ‘gold and silver showed mixed trend after uptick in the dollar index and the U.S. 10-year bond yields. The dollar index recovered from two month lows after U.S. unemployment claims data. The U.S. bond yields also recovered from their lows and triggered profit taking in the gold. Gold prices slipped from 12 month highs but holding $2000 per troy ounce levels. Silver is also holding $25 per troy ounce levels.’
Jain said ‘the U.S. unemployment claims in the last week came at 2,28,000 against expected claims of 2,00,000 but well below from the previous claims data of 2,46,000. The U.S. non-farm employment came at 2,36,000 against expectations of 2,28,000 and unemployment rate was at 3.5% against expectations of 3.6%. Better than expected U.S. data supported the dollar index and pushed gold and silver lower from their high.’
Jain expect ‘gold and silver prices to remain volatile this week ahead of the U.S. inflation data, gold could hold $1984 per troy ounce and silver could also hold $24.50 per troy ounce levels. Gold has support at $2014-2000, while resistance at $2034-2045 per troy ounce. Silver has support at $24.84-24.55, while resistance is at $25.50-25.80 per troy ounce.’
He said ‘at mcx, gold is having support at 60300-60080 and resistance at 60770-61000 while silver is having support at 73800-73220 and resistance at 75000-75550.’ He suggest ‘stay away from gold in today’s session after a long week-end and can buy silver on dips around 74100 with a stop loss of 73350 for the target of 75500.’
Anuj Gupta, Daily Commodity Calls 10 April 2023
BUY MCX GOLD JUNE AT 60200, SL 59850, TARGET 60900
Buy MCX Silver May 72700, SL 72000, TARGET 74000
BUY MCX COPPER APR AT 765, SL 758, TARGET 775
Buy MCX CRUDEOIL Apr AT 6500, SL 6340, TARGET 6750
Buy NCDEX CORIANDER APR AT 6700, SL 6500, TARGET 7100
Kedia Commodity Daily Morning Calls Monday, April 10, 2023
SELL GOLD JUN 2023 at 60600, SL 60800, TGT 60350-60200.MCX
SELL SILVER MAY 2023 at 74800, SL 75500, TGT 74000-73500.MCX
BUY CRUDEOIL APR 2023 at 6550, SL 6450, TGT 6650-6750.MCX
BUY NAT GAS APR 2023 at 167.00, SL 163.00, TGT 172.00-175.00.MCX
SELL COPPER APR 2023 at 775.00, SL 780.00, TGT 768.00-765.00.MCX
SELL ZINC APR 2023 at 250.00, SL 254.00, TGT 246.00-243.00.MCX
SELL ALUMINIUM APR 2023 at 208.00, SL 210.00, TGT 205.00-203.00.MCX
BUY LEAD APR 2023 at 180.00, SL 179.00, TGT 181.00-182.00.MCX
Gold Hallmarked Jewelery Rate per 10 gm in Chandigarh 10 April 2023 (Gold Price Today)
23 carat gold price – Rs 58700
22 carat gold price – Rs 56300
20 carat gold price – Rs 51100
18 carat gold price – Rs 46200
14 carat gold price – Rs 36200
Sone ki Ginni ka Bhav – Rs 46500/ per 8 grams
Silver Price – 75700
Note: The prices being given on Gold Price Today are taken from different jewellers and bullion associations of the country. The price of gold, silver in your city may fluctuate as the local jewelers add GST, making charges and hallmarking charges to the gold price. Many jewelers also charge a premium for their shop. Therefore, there is a difference in the price of gold and silver at the shop in bullion.
Disclaimer: This article is written for informational purposes only. This is the opinion of the expert. If you make any investment, first take the advice of your financial advisor. Individuals associated with Gold Price Today do not personally buy, sell or trade in gold/silver.