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

Gold fell by Rs 58 to Rs 50,793 per 10 grams.

Gold fell by Rs 58 to Rs 50,793 per 10 grams. Due to this, gold had closed at Rs 50,851 per 10 grams in the previous trading session.

In Delhi bullion market on Friday Sleep (Gold Price Today) It declined by Rs 58 to Rs 50,793 per 10 grams. HDFC Securities gave this information. Gold in the previous trading session (Gold Rate Today) 50,851 per 10 grams. similar silver price (Silver Price Today) Has also come down by Rs 601 to Rs 60,914 per kg. Silver had closed at Rs 61,515 per kg in the last trading session. gold in international market (Gold Rate Today) With a slight decline, it has come down to $ 1,846 an ounce. Whereas, the price of silver remained almost unchanged at $ 21.69 an ounce.

HDFC Securities Senior Analyst (Commodities) Tapan Patel said that the yield on US bonds and strong dollar have seen a sell-off in gold.

Prices in futures trade

In futures trade, gold prices fell by Rs 89 to Rs 50,916 per 10 grams on Friday. On the Multi Commodity Exchange, contracts for August delivery were trading higher by Rs 89, or 0.17 per cent, at Rs 50,916 per 10 grams. This is for a business turnover of 14,155 lots.

On the other hand, silver prices fell by Rs 133 to Rs 61,278 per kg in futures trade on Friday. On the Multi Commodity Exchange, silver contracts for July delivery fell by Rs 133, or 0.22 per cent, to Rs 61,278 per kg. These prices are in business turnover of 14,166 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.

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Apart from this, let us tell you that due to increase in gold prices and increasing concerns about inflation, there has been a decrease in the consumption of gold in the country, according to the data released by the World Gold Council, the demand for gold in the country declined by 18 percent during the March quarter to 135.5. Tons up.

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