Gold Rate today | Silver price | Gold | Silver | MCX Gold price : Gold Price, Silver price update for 29 March 2023, Wednesday. 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.
According to Manoj Kumar Jain Director of Commodity and Currency in Prithvi Finmart gold and silver gained on Tuesday amid short coverings and bargain buying at lower levels. Gold and silver also supported due to profit taking in the dollar index and gains in crude oil. The dollar index showed profit taking after easing banking crisis in the United States and recovery in the equity markets.
The U.S. CB consumer confidence data released on Tuesday was also better than expected and supported market sentiments. The U.S. trade deficits widen to $91.6 billion against expected deficit of $90.2 billion. The U.S. Richmond manufacturing index contracted again and also supported precious metals. However, recovery in the U.S. bond yields capping gains of precious metals.
Manoj Jain expect gold and silver prices to remain volatile in today’s session and continue to hold their respective support levels. Gold has support at $1978-1964, while resistance at $2004-2015 per troy ounce. Silver has support at $23.10-22.84, while resistance is at $23.70-24.00 per troy ounce.
Jain said gold is having support at 59500-59220 and resistance at 60000-60255 while silver is having support at 70000-69550 and resistance at 71100-71750. He suggest buying silver on dips around 70100 with a stop loss of 69550 for the target of 71350.
Anuj Gupta, IIFL Fin Sec, Daily Commodity Calls 29 March 2023
Buy MCX GOLD APRIL AT 58800, SL 58450, TARGET 59500
Buy MCX SILVER MAY AT 70000, SL 69550, TARGET 71100
Buy MCX CRUDEOIL APR AT 5950, SL 5850, TARGET 6150
BUY MCX COPPER APRIL AT 770, SL 765, TARGET 780
Kedia Advisory, Daily morning calls as on Wednesday, 29 March 2023
SELL GOLD APR 2023 at 59200, SL 59450, TGT 58900-58700.MCX
SELL SILVER MAY 2023 at 70800, SL 71400, TGT 70200-69700.MCX
BUY CRUDEOIL APR 2023 at 6000, SL 5940, TGT 6080-6150.MCX
BUY NAT GAS APR 2023 at 180.00, SL 176.00, TGT 185.00-190.00.MCX
SELL COPPER APR 2023 at 780.00, SL 785.00, TGT 774.00-770.00.MCX
SELL ZINC APR 2023 at 258.00, SL 261.00, TGT 255.00-252.00.MCX
SELL ALUMINIUM APR 2023 at 208.00, SL 211.00, TGT 205.00-203.00.MCX
BUY LEAD APR 2023 at 181.00, SL 180.00, TGT 182.00-183.00.MCX
Gold Hallmarked Jewelery Rate per 10 gm in Chandigarh 29 March 2023 (Gold Price Today)
23 carat gold price – Rs 58700/10 gm
22 carat gold price – Rs 56200
20 carat gold price – Rs 51200
18 carat gold price – Rs 46200
14 carat gold price – Rs 36300
Sone ki Ginni ka Bhav – Rs 46500/ per 8 grams
Silver Price – 72400
Gold Rate Today in Dehradun (29 March 2023) (Sarafa Mandal Dehradun)
24 carat gold price (24 carat gold price) – Rs 60850 per 10 grams
23 carat gold price (958 Hallmark gold price) – 58290
22 carat gold price (916 Hallmark gold price) – 55640
20 carat gold price (833 Hallmark gold price) – 50690
18 carat gold price (750 Hallmark gold price) – 46250
14 carat gold price (583 Hallmark gold price) – 36510
Price of gold gin (Sone ki Ginni ka Bhav 8 gram 916 Hallmark) – 47010
Silver Price – Rs 72000 per kg
Silver Coin Hallmarked – Rs 840 per piece
Gold Price in Lucknow issued by Lucknow Sarafa Association
24 carat gold – Rs 61600
22 karat gold – Rs 59800
18 carat gold – Rs 54600
Silver – Rs 72000
Gold Rate in Mumbai (29 March 2023)
Gold 999- Rs 59106
Gold 995- Rs 58869
Gold 916- Rs 54141
Gold 750- Rs 44330
Gold Rs 585- Rs 34577
Silver 999- Rs 69620
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.