Gold Rate Today: Buying gold has become expensive, silver prices also rise; Know where the price has reached

Gold closed at Rs 50,908 per 10 grams, up by Rs 43.

Gold closed at Rs 50,908 per 10 grams, up by Rs 43. Due to this, gold had closed at Rs 50,865 per 10 grams in the previous trading session.

Amidst a strong trend in global markets, the bullion market in Delhi on Monday Sleep (Gold Price Today) It closed at Rs 50,908 per 10 grams, up by Rs 43. HDFC Securities gave this information. Gold in the previous trading session (Gold Rate Today) Closed at Rs 50,865 per 10 grams. silver price (Silver Price Today) It has also increased by Rs 850 to Rs 62,211 per kg. Silver in the last trading session (Silver Rate Today) 61,361 per kg was closed. HDFC Securities Senior Analyst (Commodities) Tapan Patel said 24-carat spot gold in Delhi has gained Rs 43 in line with the firmness in gold prices on the New York-based commodity exchange Comex.

In the international market, gold has risen to $ 1,852 an ounce. Whereas, the price of silver remained almost unchanged at $ 22.28 an ounce. Patel said inflationary concerns and a weak dollar index have led to the rise in gold prices.

Prices in futures trade

In futures trade, gold prices have risen by Rs 51 to Rs 51,021 per 10 grams on Monday. On the Multi Commodity Exchange, contracts for August delivery were trading higher by Rs 51, or 0.1 per cent, at Rs 51,021 per 10 grams. This is for a business turnover of 14,371 lots.

On the other hand, silver prices have increased by Rs 699 to Rs 62,368 per kg in futures trade. On the Multi Commodity Exchange, silver contracts for July delivery fell by Rs 699, or 1.13 per cent, to Rs 62,368 per kg. These prices are in the business turnover of 10,998 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 50,962 per 10 grams. The price of silver has reached Rs 62,471 per kg in the capital of Maharashtra.

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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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