Gold closed at Rs 50,939 per 10 grams, up by Rs 303.
Gold closed at Rs 50,939 per 10 grams, up by Rs 303. Due to this, gold had closed at Rs 50,636 per 10 grams in the previous trading session.
In line with the rise in the prices of precious metals in the global market, gold in the Delhi bullion market on Friday. (Gold Price Today) It closed at Rs 50,939 per 10 grams, up by Rs 303. HDFC Securities gave this information. Gold in the previous trading session (Gold Rate Today) Closed at Rs 50,636 per 10 grams. silver price (Silver Price Today) It also rose by Rs 1,023 to Rs 62,636 per kg. Silver in the last trading session (Silver Rate Today) 61,342 per kg was closed. In the international market, the price of gold rose to $ 1,859 an ounce. Whereas, silver was marginally higher at $ 22.22 an ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said that spot gold prices on Friday rose nearly half a per cent to $1,859 an ounce on the New York-based commodity exchange Comex, giving rise to gold prices.
Prices in futures trade
In futures trade, gold prices have risen by Rs 92 to Rs 50,963 per 10 grams on Tuesday. On the Multi Commodity Exchange, contracts for June delivery were trading higher by Rs 92, or 0.18 per cent, at Rs 50,963 per 10 grams. This is for a business turnover of 2,436 lots.
On the other hand, silver prices have risen by Rs 477 to Rs 62,270 per kg in futures trade. On the Multi Commodity Exchange, silver contracts for July delivery fell by Rs 477, or 0.77 per cent, to Rs 62,270 per kg. These prices are in business turnover of 12,770 lots.
Let us tell you that with the tension between Russia and Ukraine, due to slowdown in the global economy and high inflation, gold prices can see a huge increase. It has been told in the report that according to experts, gold prices can touch the figure of Rs 55,000 this year. With this, gold can reach Rs 62,000 next year.
Apart from this, let us tell you that there has been a decrease in the consumption of gold in the country due to the rise in gold prices and increasing concerns about inflation, according to the data released by the World Gold Council, the demand for gold in the country declined by 18 percent to 135.5 tonnes during the March quarter. has been.
: Language Inputs