Gold and Silver price today (August 23, 2023): Yellow metal trades flat hivers near Rs 59,000; Silver trade higher above Rs 72,000
Gold and Silver price today (August 23, 2023): MCX gold futures (Oct 5) were flat at Rs 58,577 per 10 grams. Heres what analysts suggest.
Gold and Silver price today (August 23, 2023): Yellow metal futures on Wednesday traded flat whereas Silver futures traded higher.
Last seen, MCX gold futures (Oct 5) were flat at Rs 58,577 per 10 grams at the last count, having traded between Rs 58,564 and Rs 58,625 earlier in the day. Silver futures (Sept 5) were up Rs 244 or 0.34 per cent at Rs 72,226 per kg.
"Overall cautious upside to persist in day trade today for short-term perspective. However Silver may see relatively steady moves as compared to Gold as sentiments turns slightly positive on base metals complex," said Neha Qureshi, Senior Technical & Derivative Research Analyst, Anand Rathi Commodities & Currencies.
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