Gold Rate Today: Buying gold became cheaper, know how much has become the price of 10 grams

Amid a weak trend in the international market, the prices of precious metals have broken in the Delhi bullion market on Monday. HDFC Securities gave this information. gold The price has come down by Rs 315 to Rs 51,679 per 10 grams. Due to this, gold had closed at Rs 51,994 per 10 grams in the previous trading session. Apart from this, silver has also declined by Rs 635 to Rs 55,416 per kg.

In the international market, gold was trading with a loss at $ 1,737 an ounce. At the same time, silver was stable at $ 18.90 an ounce. HDFC Securities Senior Analyst (Commodities) Tapan Patel said gold prices have come down after the dollar strengthened and several Federal Reserve officials indicated an aggressive stance.

Prices in futures trade

In futures trade, gold prices fell by Rs 297 to Rs 51,182 per 10 grams on Monday. On the Multi Commodity Exchange, the contracts for October delivery were trading higher by Rs 297 or 0.58 per cent at Rs 51,182 per 10 grams. This is for a business turnover of 14,392 lots.

On the other hand, silver prices fell by Rs 611 to Rs 54,885 per kg in futures trade on Monday. On the Multi Commodity Exchange, silver contracts for September delivery fell by Rs 611, or 1.1 per cent, to Rs 54,885 per kg. These prices are in business turnover of 17,703 lots.

gold and silver price in mumbai

At the same time, the price of gold in Mumbai metropolis, which is called the financial capital of the country, has been at Rs 51,872 per 10 grams. The price of silver has reached Rs 57,100 per kg in the capital of Maharashtra.

Let us tell you that due to tensions between Russia and Ukraine, 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 the World Gold Council believes that in the present condition of the global economy, there is every possibility that the demand for bullion will remain in it.