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Gold and silver have been showing fluctuating movements over the past five days since Dhanteras, catching the attention of investors. Before Dhanteras, both metals were trading near their all time highs, with gold priced at Rs 1,32,294 per 10 grams and silver at Rs 1,70,415 per kilogram. This shifts reflect ongoing market volatility, keeping traders and investors closely watchful of price trends in the festive season.

On MCX, the yellow metal is trading at Rs 1,24,475 per 10 grams, showing an intraday gain with 2.15 per cent. As compared to yesterday, It has risen by around Rs 4,000. Over the past five days, the price of gold has fluctuated between approximately Rs 1.27 lakh and Rs 1.30 lakh per 10 grams, showing significant price swings in the market.

Meanwhile, in International markets the precious metal is valued at $4,144, marking an intraday rise of 1.07 per cent.

The white metal has risen by around Rs 3000 as compared to yesterday's Rs 1,43,819. Now it is trading around Rs 1,49,775 with a green of 2.24 per cent. After falling for the past few days, the white metal is rising again. It will be interesting to see what happens next, will the prices keep going up or fall again?

Whereas, in international markets, the prices are ranging at $49.32 with a rise of 1.72 per cent. Whereas, in past 30 days the white metal rose by 8.44 per cent.

Read Also: Gold and Silver prices fall after festive rally — Should investors buy the dip?

According to market expert Manoj Kumar Jain, “Traders need caution in the current market volatility due to profit-taking and uncertainty around the US-India trade deal. But long-term investors certainly have an opportunity to accumulate in a staggered way in this market fall. The fundamentals of gold and silver remain bullish as long as the Russia-Ukraine war continues, trade conflicts between the US and China persist, and US tariffs and fiscal pressures stay elevated.”

Overall, both of the precious metal remain volatile, showing opportunities and risks as well. Investors are advised to watch intraday movements carefully and plan strategies, keeping a long-term perspective amid global uncertainties.

Akanksha