Gold prices in Delhi have fallen by Rs 195 to Rs 46,625 per 10 grams on Thursday.
Gold, Silver Price Today: Gold prices in the national capital Delhi have fallen by Rs 195 to Rs 46,625 per 10 grams on Thursday. According to HDFC Securities, this is due to the rise in the prices of precious metals in the international market and the fall in the rupee. In the previous trade, the precious metal gold had closed at Rs 46,430 per 10 grams.
Silver also declined by Rs 569 to Rs 61,763 per kg. In the previous trade, silver was at Rs 61,194 per kg. The Indian rupee fell by 15 paise to 74.55 against the US dollar in early trade on Thursday.
In the international market, the price of gold was trading higher at $ 1,795 an ounce. Whereas, silver remained flat at $ 23.65 an ounce.
Tapan Patel, Senior Analyst (Commodities) at HDFC Securities said that gold prices were trading firm on Thursday, up 0.37 per cent at USD 1,795 an ounce in line with the spot gold prices on Comex.
Prices in futures trade
Gold prices on Monday rose by Rs 137 to Rs 47,575 per 10 grams in futures trade. On the Multi Commodity Exchange, contracts for December delivery were trading higher by Rs 137 or 0.29 per cent at Rs 47,575 per 10 grams. This is for a business turnover of 3,437 lots.
On the other hand, silver prices rose by Rs 381 to Rs 63,016 per kg in futures trade. On the Multi Commodity Exchange, silver contracts for December delivery rose by Rs 381, or 0.61 per cent, to Rs 63,016 per kg. This price is for a business turnover of 5,691 lots.
Prices in Mumbai and Kolkata
At the same time, the price of gold in Mumbai metropolis, which is called the financial capital of the country, has been at Rs 47,523 per 10 grams. The price of silver has reached Rs 63,200 per kg in the capital of Maharashtra.
Experts believe that by December, the price of gold can go from Rs 57 thousand to 60 thousand. He says that if we talk about silver, then a big increase can be seen in it too.
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