Friday, May 31, 2019

SPOT (HAAZIR / PHYSICAL) GOLD AND SILVER PRICE REPORT: 31st May 2019


Insignia Consultants
New Delhi
Friday, May 31, 2019
TIME 2:14 PM IST                         

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HAAZIR/PHYSICAL GOLD, SILVER PRICE REPORT

INSIGNIA CONSULTANTS

DATE
31-May-19
spot gold
14:14

PHYSICAL PRICE
CASH RATE

MCX PRICE

Rs.
Rs.

Rs.
GOLD
MCX+980
MCX+900
$1,294.30
31995
SILVER
MCX+1100
MCX+1100
$1,452.50
36444
above is delhi rate only
prices change every second

Firm prices will imply higher demand for gold and silver all over India. Gold premiums over MCX futures can fall first and then rise. If gold and silver prices are able to trade at current prices till close, then I expect good jewelery demand on the weekend. Next week is “Eid” week.
Notes to the above
Price for delhi city. Prices are in Indian rupees above, unless otherwise specified.
The above are approximate price. Actual may vary.
24 carat is the purity level for both gold and silver.
Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, crypto currency, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Prepared by Chintan Karnani
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