On Friday, gold closed at Rs 47,005 per 10 grams, up by Rs 93 in the bullion market of the national capital Delhi. In the last trading session, gold had closed at Rs 46,912 per 10 grams.
On Friday, gold closed at Rs 47,005 per 10 grams, up by Rs 93 in Delhi’s bullion market.
Gold, Silver Rate Today: In addition to the rise in international prices of precious metals, gold closed at Rs 47,005 per 10 grams in the bullion market in the national capital on Friday due to a fall in the value of the rupee. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 46,912 per 10 grams. Silver also closed higher by Rs 59 at Rs 61,005 per kg. It was Rs 60,946 per kg in the last trading session.
In the foreign exchange market, the rupee fell by 26 paise to 74.16 against the US dollar on Friday.
In the international market, the price of gold rose to $ 1,826 an ounce with a gain. Whereas, silver remained almost unchanged at $ 23.19 an ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said spot gold prices were up 0.21 per cent at $1,826 an ounce on the New York-based commodity exchange Comex on Friday, keeping gold prices firm.
Prices in futures trade
Gold prices rose by Rs 235 to Rs 47,971 per 10 grams on Friday in futures trade. On the Multi Commodity Exchange, contracts for February delivery were trading higher by Rs 235, or 0.49 per cent, at Rs 47,971 per 10 grams. This is for a business turnover of 6,043 lots.
On the other hand, silver prices rose by Rs 314 to Rs 62,234 per kg in futures trade. On the Multi Commodity Exchange, silver contracts for December delivery rose by Rs 314, or 0.51 per cent, to Rs 62,234 per kg. These prices are in business turnover of 12,032 lots.
Prices in Mumbai and Kolkata
At the same time, the price of gold in Kolkata, the capital and metropolis of West Bengal, is Rs 48,800 per 10 grams. At the same time, silver can be bought in this city for Rs 62,350 per kg.
On the other hand, the price of gold in Mumbai metropolis, which is called the financial capital of the country, has been at Rs 48,650 per 10 grams. The price of silver has reached Rs 61,828.00 per kg in the capital of Maharashtra.
Let us tell you that experts say that due to the Omicron variant, the price of gold will also increase this year. The government has cut duty in gold imports, due to which demand will also increase. Gold demand will remain sluggish in January this year due to the threat of Omicron variants. However, on an annual basis, demand will continue to pick up in 2022.
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