Gold Rate today | Silver price | Gold | Silver | MCX Gold price |: Gold and Silver price update for 9 March, 2023 Thursday. Check 24, 22 carat gold, 18 carat gold rate, 14 carat gold price and silver price in various cities of India. Know outlook on gold and silver by India’s Big commodity experts like Manoj Jain, Prithvi Finmart and Anuj Gupta of IIFL Sec on gold and silver
Manoj Jain, Director of Commodity and Currency in Prithvi Finmart gold and silver struggles on Wednesday amid fears of further interest rates hike from the U.S. Fed in its upcoming policy meetings. The U.S. ADP non-farm employment data released on Wednesday was also better than expected as 2,42,000 new jobs were created against expectations of 1,97,000 and well above from the previous data of 1,06,000 jobs. Jain expect gold could face steep resistance at higher levels but silver is in a highly oversold zone and some short coverings are possible at lower levels. Gold has support at $1804-1788, while resistance at $1834-1845 per troy ounce. Silver has support at $20.00-19.66, while resistance is at $20.44-20.70 per troy ounce.
Gold Hallmarked Jewelery Rate per 10 gm in Chandigarh 9 March 2023 (Gold Price Today)
23 carat gold price – Rs 54800/10 gm (Rs 900 Down)
22 carat gold price – Rs 52500/10 gm
20 carat gold price – Rs 47800/10 gm
18 carat gold price – Rs 43200
14 carat gold price – Rs 33900
Sone ki Ginni ka Bhav – Rs 43500/ per 8 grams
Silver Price (Silver Price 999.9) – Rs 63800/per kg (Rs 2600 Down)
Gold Rate Today in Dehradun (9 March 2023) (Sarafa Mandal Dehradun)
24 carat gold price (24 carat gold price) – Rs 56800 per 10 grams
23 carat gold price (958 Hallmark gold price) – 54410
22 carat gold price (916 Hallmark gold price) – 51930
20 carat gold price (833 Hallmark gold price) – 47310
18 carat gold price (750 Hallmark gold price) – 43170
14 carat gold price (583 Hallmark gold price) – 34080
Price of gold ginni (Sone ki Ginni ka Bhav 8 gram 916 Hallmark) – 43880
Silver Price – Rs 64000 per kg
Silver Coin Hallmarked – Rs 760 per piece
Accroding to Jain at mcx, gold is having support at 54770-54520 and resistance at 55100-55330 while silver is having support at 61550-61100 and resistance at 62220-62750. He suggest buying silver around 61500 with a strict stop loss of 61100 for the target of 62250.
Anuj Gupta, IIFL Fin Sec, Daily Commodity Calls 9 March 2023
SELL MCX GOLD Apr AT 55200, SL 55550, TARGET 54700
Sell MCX Silver May AT 62500, SL 63150, TARGET 61500
Sell MCX COPPER MAR AT 757, SL 765, TARGET 745
Sell MCX CRUDEOIL mar AT 6350, SL 6480, TARGET 6200
Kedia Advisory, Daily morning calls as on Thursday, 9 March 2023
SELL GOLD APR 2023 at 55000, SL 55200, TGT 54800-54650.MCX
SELL SILVER MAY 2023 at 62200, SL 62600, TGT 61500-61000.MCX
SELL CRUDEOIL MAR 2023 at 6350, SL 6420, TGT 6260-6200.MCX
BUY NAT GAS MAR 2023 at 210.00, SL 206.00, TGT 216.00-220.00.MCX
SELL COPPER MAR 2023 at 756.00, SL 760.00, TGT 750.00-746.00.MCX
SELL ZINC MAR 2023 at 266.00, SL 269.00, TGT 262.00-260.00.MCX
SELL ALUMINIUM MAR 2023 at 209.00, SL 211.00, TGT 206.00-203.00.MCX
BUY LEAD MAR 2023 at 182.00, SL 181.00, TGT 183.00-184.00.MCX
Gold Rate in Mumbai (8 March 2023)
Gold 999- Rs 55309 (Rs 780 Down)
Gold 995- Rs 55087
Gold 916- Rs 50663
Gold 750- Rs 41482
Gold Rs 585- Rs 32356
Silver 999- Rs 61745 (Rs 2521 down Per Kg)
Note: The prices being given to you 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 gold/silver.