In the Delhi bullion market, gold rose by Rs 232 to close at Rs 51,816 per 10 grams on Thursday. HDFC Securities gave this information.
Gold closed at Rs 51,816 per 10 grams with a gain of Rs 232.
Gold in the Delhi bullion market on Thursday after the rise in precious metal prices in the international market last night. ,Gold Price, With a gain of Rs 232, it closed at Rs 51,816 per 10 grams. HDFC Securities gave this information. In the previous trading session, gold on Wednesday (Gold Rate Today) 51,584 per 10 grams. silver price (Silver Price) It also rose by Rs 254 to Rs 68,312 per kg. Silver had closed at Rs 68,058 per kg in the previous trading session. In the international market, gold was trading higher at $ 1,945 an ounce. Whereas, silver (Silver Rate Today) was almost unchanged at $25.12 an ounce.
Dilip Parmar, Research Analyst (Commodities) at HDFC Securities said that the spot price of gold was at $ 1,945 an ounce on the New York-based commodity exchange Comex on Thursday, due to which the gold prices remained stable for the last two days.
According to Navneet Damani, Senior Vice President, Commodity Research Division of Motilal Oswal Financial Services, the demand for gold as a safe investment option has increased due to inflation and Ukraine crisis. However, a strong dollar and higher bond yields have curbed gains, he added.
Prices in futures trade
Gold prices on Thursday rose by Rs 105 to Rs 51,872 per 10 grams in futures trade. On the Multi Commodity Exchange, contracts for April delivery were trading lower by Rs 105, or 0.2 per cent, at Rs 51,872 per 10 grams. This is for a business turnover of 6,794 lots.
On the other hand, silver prices rose by Rs 121 to Rs 68,385 per kg in futures trade. On the Multi Commodity Exchange, silver contracts for May delivery rose by Rs 121, or 0.18 per cent, to Rs 68,385 per kg. These prices are in the business turnover of 6,079 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 51,570 per 10 grams. The price of silver has reached Rs 67,770 per kg in the capital of Maharashtra.
Let us tell you that due to tension 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.