Gold closed at Rs 50,671 per 10 grams, down by Rs 241.
Gold closed at Rs 50,671 per 10 grams, down by Rs 241. Due to this, gold had closed at Rs 50,912 per 10 grams in the previous trading session.
In line with the weak trend in the prices of precious metals in the global market, the bullion market in Delhi on Thursday Sleep (Gold Price Today) It closed at Rs 50,671 per 10 grams, down by Rs 241. HDFC Securities gave this information. Gold in the previous trading session (Gold Rate Today) 50,912 per 10 grams. However, the price of silver (Silver Price Today) It rose by Rs 87 to Rs 61,384 per kg. Silver in the last trading session (Silver Rate Today) Closed at Rs 61,297 per kg.
In the international market, gold was trading lower at $ 1,848 an ounce. Whereas, silver remained almost unchanged at $21.85 an ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said that spot gold prices fell 0.13 per cent to USD 1,848 an ounce on the New York-based commodity exchange Comex on Thursday, leading to a fall in gold prices. He said gold prices were under pressure due to rising bond earnings in the US and a correction in the dollar index.
Prices in futures trade
In futures trade, gold prices fell by Rs 76 to Rs 50,743 per 10 grams on Thursday. On the Multi Commodity Exchange, contracts for June delivery were trading higher by Rs 76, or 0.15 per cent, at Rs 50,743 per 10 grams. This is for a business turnover of 3,413 lots.
On the other hand, silver prices declined by Rs 22 to Rs 61,512 per kg in futures trade. On the Multi Commodity Exchange, silver contracts for July delivery fell by Rs 22, or 0.04 per cent, to Rs 61,512 per kg. These prices are in business turnover of 13,913 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 50,785 per 10 grams. The price of silver has reached Rs 61,339 per kg in the capital of Maharashtra.
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.