Gold Rate Today: Buying gold has become cheaper, the price of silver also declined

Gold has come down marginally at Rs 51,145 per 10 grams. Due to this, gold had closed at Rs 51,150 per 10 grams in the previous trading session.

Gold has come down marginally at Rs 51,145 per 10 grams.

in the national capital Delhi on Monday Sleep With a slight decline, it has come down to Rs 51,145 per 10 grams. HDFC Securities gave this information. Due to this, gold had closed at Rs 51,150 per 10 grams in the previous trading session. The price of silver has also come down by Rs 1,331 to Rs 54,351 per kg. Silver had closed at Rs 55,682 per kg in the previous trading session. In the international market, gold remained stable at $ 1,726.80 an ounce. At the same time, silver has remained stable at $ 18.62 an ounce without any volatility.

Dilip Parmar, Research Analyst (Commodities), HDFC Securities said that the yellow metal prices have softened in the domestic market with a slight fall in gold prices in the international market.

Prices in futures trade

In futures trade, gold prices have risen by Rs 21 to Rs 50,665 per 10 grams on Monday. On the Multi Commodity Exchange, contracts for August delivery were trading higher by Rs 21, or 0.04 per cent, at Rs 50,665 per 10 grams. This is for a business turnover of 4,692 lots.

On the other hand, silver prices fell by Rs 206 to Rs 54,925 per kg in futures trade on Monday. On the Multi Commodity Exchange, silver contracts for September delivery fell by Rs 206, or 0.37 per cent, to Rs 54,925 per kg. These prices are in business turnover of 23,179 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 50,707 per 10 grams. The price of silver has reached Rs 54,727 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.

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There is currently volatility in the prices of gold, but the prices remain above the level of 50 thousand. During the epidemic, gold had crossed the level of 56 thousand. Experts believe that there may be an increase in prices in the coming time, because the G7 countries have banned the export of gold from Russia.

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