Gold Rate today | Silver price | Gold | Silver | MCX Gold price : Gold, Silver price update for 28 February, 2023 Tuesday. Know Views of India’s Big commodity experts like Manoj Jain, Prithvi Finmart 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.
Manoj Jain, Director of Commodity and Currency in Prithvi Finmart says Gold and silver showed mixed trend in a volatile session after mixed U.S. economic data. Gold prices recovered from nine week lows in the international markets but silver prices slipped to nearly four month lows. The dollar index traded steady and limits gain of precious metals.
Gold Hallmarked Jewelery Rate per 10 gm in Chandigarh 28 February 2024 (Gold Price Today)
23 carat gold price – Rs 55200/10 gm (Rs 100 Down)
22 carat gold price – Rs 52900
20 carat gold price – Rs 48100
18 carat gold price – Rs 43400
14 carat gold price – Rs 34000
Sone ki Ginni ka Bhav – Rs 43700/ per 8 grams
Silver Price (Silver Price 999.9) – Rs 65700/per kg
Gold Rate Today in Dehradun (28 February 2023) (Sarafa Mandal Dehradun)
24 carat gold price (24 carat gold price) – Rs 57300 per 10 grams
23 carat gold price (958 Hallmark gold price) – 54890
22 carat gold price (916 Hallmark gold price) – 52390
20 carat gold price (833 Hallmark gold price) – 47730
18 carat gold price (750 Hallmark gold price) – 43550
14 carat gold price (583 Hallmark gold price) – 34380
Price of gold gin (Sone ki Ginni ka Bhav 8 gram 916 Hallmark) – 44260
Silver Price – Rs 66000 per kg
Silver Coin Hallmarked – Rs 780 per piece
Gold Rate in Mumbai (28 February 2023)
Gold 999- Rs 55669
Gold 995- Rs 55446
Gold 916- Rs 50993
Gold 750- Rs 41752
Gold Rs 585- Rs 32566
Silver 999- Rs 63073
The U.S. pending home sales shows growth of 8.1% in January against expectations of 0.9% growth. Core durable goods orders shows growth of 0.7% against expected growth of 0.1%. However, a U.S. durable goods order shows contractions of 4.5% against a growth of 5.1% in the previous month. Upbeat U.S. pending home sales and core durable goods orders data supported gold prices at lower levels but strength in the dollar limits gain.
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Jain expect gold and silver prices to remain volatile in today’s session and gold could hold its support level of $1800 per troy ounce and silver could also hold $20.20 per troy ounce levels.
According to Jain Gold has support at $1810-1796, while resistance at $1834-1845 per troy ounce. Silver has support at $20.44-20.20, while resistance is at $21.00-21.40 per troy ounce. At mcx, gold is having support at 55250-55100 and resistance at 55600-55780 while silver is having support at 63550-63100 and resistance at 64400-64850.
According to Ajay Kedia, Director in Kedia Commodities, gold and silver seem to be stable this week. Gold had broken up to $450 last year after a 4.5 per cent interest hike. Gold price is holding the $1800 level in which a bounce is expected. on MCX Rs 54000-55000 base is good for gold. Gold prices are expected to rise after they go above Rs 55000 on MCX.
He suggest buying silver on the dips around 63300 with a stop loss of 62800 for the target of 64400.
Anuj Gupta, IIFL Fin Sec, Daily Commodity Calls 28 February 2024
BUY MCX GOLD APR AT 55200, SL 55000, TARGET 55700
BUY MCX Silver at 62500, SL 62000, TARGET 63500
BUY MCX COPPER MAR AT 750, SL 744, TARGET 760
BUY MCX CRUDEOIL MAR AT 6150, SL 6050, TARGET 6350
BUY NIFTY AT 17300, SL 17150, Target 17600
BUY MCX BANKNIFTY AT 40000, SL 39650, TARGET 40700
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Kedia Advisory, Daily morning calls as on Friday, 28 February 2024
Daily morning calls as on Tuesday, February 28, 2023
BUY GOLD APR 2023 at 55200, SL 55000, TGT 55450-55650.MCX
BUY SILVER MAY 2023 at 63500, SL 62800, TGT 64400-6500.MCX
BUY CRUDEOIL MAR 2023 at 6220, SL 6140, TGT 6300-6350.MCX
SELL NAT GAS MAR 2023 at 225.00, SL 230.00, TGT 220.00-215.00.MCX
BUY COPPER MAR 2023 at 750.00, SL 747.00, TGT 755.00-758.00.MCX
BUY ZINC MAR 2023 at 265.00, SL 262.00, TGT 268.00-270.00.MCX
BUY ALUMINIUM MAR 2023 at 207.00, SL 204.00, TGT 211.00-213.00.MCX
BUY LEAD MAR 2023 at 183.00, SL 182.00, TGT 184.00-185.00.MCX
Gold Hallmarked Jewelery Rate per 10 gm in Chandigarh 27 February 2024 (Gold Price Today)
23 carat gold price – Rs 55300/10 gm (Rs 100 Down)
22 carat gold price – Rs 53000
20 carat gold price – Rs 48200
18 carat gold price – Rs 43500
14 carat gold price – Rs 34100
Sone ki Ginni ka Bhav – Rs 43800/ per 8 grams
Silver Price (Silver Price 999.9) – Rs 65500/per kg (Rs 700 Down)
Gold Price in Lucknow issued by Lucknow Sarafa Association
24 carat gold – Rs 58200
22 karat gold – Rs 56500
18 carat gold – Rs 51600
Silver – Rs 67000
Gold Rate Today in Dehradun (27 February 2023) (Sarafa Mandal Dehradun)
24 carat gold price (24 carat gold price) – Rs 57300 per 10 grams
23 carat gold price (958 Hallmark gold price) – 54890
22 carat gold price (916 Hallmark gold price) – 52390
20 carat gold price (833 Hallmark gold price) – 47730
18 carat gold price (750 Hallmark gold price) – 43550
14 carat gold price (583 Hallmark gold price) – 34380
Price of gold gin (Sone ki Ginni ka Bhav 8 gram 916 Hallmark) – 44260
Silver Price – Rs 66000 per kg
Silver Coin Hallmarked – Rs 780 per piece
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.
