Gold rate today: On account of Israel-Hamas war fueling global uncertainties, spot gold price hit $2,000 levels on Friday and closed at 2,006 per ounce levels. Gold future contract on Multi Commodity Exchange (MCX) for December 2023 expiry surged ₹308 per gm and ended at ₹61,260 levels on Friday.
Gold and silver prices are rising despite strong US dollar and rising treasury yields. On Friday, 10-year US bond yield ended at 4.845 levels whereas US dollar index ended at 106.58 levels.
Diwali Muhurat Trading 2023 to take place on November 12 from 6 PM to 7:15 PM
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