In the national capital, gold on Thursday rose by Rs 249 to Rs 51,500 per 10 grams, while silver rose by Rs 365 to Rs 68,218 per kg.
gold and silver become expensive
Due to the signals received from the foreign markets, the prices of gold in the domestic market (Gold PriceThe trend of decline has come to an end today. Today gold and silver prices (Gold and Silver) has been observed to increase. With today’s increase, the price of gold has reached the level of 51500 and the price of silver has crossed Rs 68 thousand per kg. According to market experts, the rise in the prices of gold and silver in the domestic market has been seen due to the increase in the prices in the foreign markets. Rise in stock markets and Russia Ukraine crisis (Russia Ukraine CrisisDue to the signs of softening in gold, there was a decline in gold for the last few days. In the last about a week, gold had become cheaper by Rs 3500 per 10 grams.
What are the prices of gold and silver today
According to the data released by HDFC Securities, gold rose by Rs 249 to Rs 51,500 per 10 grams in the national capital on Thursday, according to experts, this rise in gold is in line with the rise in the international market. Due to this, gold had closed at Rs 51,251 per 10 grams in the previous trading session. On the other hand, silver also saw an increase today and silver rose by Rs 365 to Rs 68,218 per kg, which was Rs 67,853 per kg in the previous trade. On the other hand, gold was trading at $ 1,937 an ounce in the international market and silver was trading marginally higher at $ 25.22 an ounce. HDFC Securities Senior Analyst (Commodities) Tapan Patel said that the spot price of 24 carat gold in Delhi has increased by Rs 249. The rise in gold prices in the overseas market has supported the fall in US bond yields.
Gold rises in futures market
Like the spot market, the futures market also saw an increase in gold prices today. Gold futures on Thursday rose by Rs 358 to Rs 51,505 per 10 grams in futures trade as speculators created fresh positions on firm spot demand. On the Multi Commodity Exchange, gold for April supply contract rose by Rs 358, or 0.7 per cent, to Rs 51,505 per 10 grams. It traded for 8,408 lots. Market analysts attributed the rise in gold futures to fresh positions by participants.
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Source: www.tv9hindi.com
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