Gold Price Today: Buying gold has become expensive, know the price of 10 grams

The price of gold in the national capital Delhi on Friday rose by Rs 57 to Rs 47,263 per 10 grams. The reason for this is the strengthening of the international market.

The price of gold in the national capital Delhi on Friday rose by Rs 57 to Rs 47,263 per 10 grams.

Gold, Silver Rate Today: The price of gold in the national capital Delhi on Friday rose by Rs 57 to Rs 47,263 per 10 grams. According to HDFC Securities, the reason for this is the strengthening of the international market. In the previous trade, the precious metal had closed at Rs 47,206.

Tapan Patel, Senior Analyst (Commodities) at HDFC Securities said that spot gold prices for 24 carat gold in Delhi have seen a rise of Rs 57, due to the reason behind gold prices in the global market.

Silver also rose by Rs 183 to Rs 61,054 per kg. In the previous trade, silver was at Rs 60,871 per kg.

In the international market, gold was trading higher at $ 1,810 an ounce. And silver remained flat at $ 22.78 an ounce.

Prices in futures trade

In futures trade, gold prices have risen by Rs 73 to Rs 48,225 per 10 grams on Friday. On Multi Commodity Exchange, contracts for February delivery traded higher by Rs 73, or 0.15 per cent, at Rs 48,225 per 10 grams in 8,766 lots. Whereas, globally, gold prices were up 0.53 per cent at 1,811.70 per ounce in New York.

On the other hand, silver prices fell by Rs 12 to Rs 62,299 per kg in futures trade on Friday. On the Multi Commodity Exchange, contracts for silver for delivery in March fell by Rs 12, or 0.02 per cent, to Rs 62,299 per kg. These prices are in business turnover of 10,704 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 48,950 per 10 grams. At the same time, silver can be bought in this city for Rs 62,150 per kg.

On the other hand, the price of gold in Mumbai metropolis, which is called the financial capital of the country, is 48,264. Per 10 grams has been at Rs. The price of silver has reached Rs 61,843 per kg in the capital of Maharashtra.

Let us tell you that volatility is expected in gold in the next two months. Experts believe that keeping a close eye on the new strain and how the country and foreign countries react with the restrictions will be more important.

read this also: Bank of America Securities expects GDP to be 8.2% in the next financial year, calls the new year more risky

read this also: Share market updates: There was a break on the rise of three days, the market closed with a fall of 190 points

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