Gold has risen by Rs 487 to Rs 52,566 per 10 grams. Due to this, gold had closed at Rs 52,079 per 10 grams in the previous trading session.
Gold has risen by Rs 487 to Rs 52,566 per 10 grams.
Amidst the rise in precious metals in the international market, the bullion market in Delhi on Thursday Sleep With an increase of Rs 487, it has reached Rs 52,566 per 10 grams. HDFC Securities gave this information. Due to this, gold had closed at Rs 52,079 per 10 grams in the previous trading session. Silver has also increased by Rs 426 to Rs 58,806 per kg. Silver had closed at Rs 58,380 per kg in the previous trading session.
The rupee has fallen by 36 paise to 79.51 per dollar in early trade on Thursday. Weak macroeconomic data and rising US-China tensions weighed on investor sentiment. In the international market, gold was trading with gains at $ 1,774 an ounce. Silver was steady at $20.12 an ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said that the spot price of gold in Comex was at $ 1,774 an ounce with a gain of 0.58 per cent. Due to this, the prices of gold have increased here too.
Prices in futures trade
In futures trade, gold prices have risen by Rs 572 to Rs 51,961 per 10 grams on Thursday. On the Multi Commodity Exchange, the contracts for October delivery were trading higher by Rs 572 or 1.11 per cent at Rs 51,961 per 10 grams. This is for a business turnover of 16,129 lots.
On the other hand, silver prices have risen by Rs 554 to Rs 58,108 per kg in futures trade on Thursday. On the Multi Commodity Exchange, silver contracts for September delivery traded higher by Rs 554, or 0.96 per cent, at Rs 58,108 per kg. These prices are in business turnover of 17,057 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 51,831 per 10 grams. The price of silver has reached Rs 58,057 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.