In Delhi, the price of 10 grams of gold rose by Rs 75 to Rs 51,052. On the last trading day, the price of gold was Rs 50,977. On Monday, it saw a rise of Rs 75. Silver also registered an increase of Rs 120 per kg.
gold prices (Gold Price) saw a slight increase on Monday. 10 grams in the national capital Delhi gold price With an increase of Rs 75, it reached Rs 51,052. On the last trading day, the price of gold was Rs 50,977. On Monday, it saw a rise of Rs 75. Silver (Silver Price) also saw an increase and with an increase of Rs 120 per kg, the price of silver reached Rs 62,143. The price of silver was recorded at Rs 62,023 per kg on the last trading day. In this way, there was a slight rise in both gold and silver metals on Monday, which was according to the global market.
On the other hand, gold was trading higher at $ 1,860 an ounce and silver was flat at $ 22.13 an ounce in the international market. HDFC Senior Analyst (Commodities) Tapan Patel said, “With the spot price of gold in Comex, trading on Monday was up by about 0.30 percent at $ 1,860 an ounce. Gold prices rose after a weak dollar and US bond yields.
futures trading conditions
Gold prices on Monday rose by Rs 127 to Rs 51,040 per 10 grams in futures trade as speculators created fresh positions on firm spot demand. On the Multi Commodity Exchange, gold for delivery in June rose by Rs 127, or 0.25 per cent, to Rs 51,040 per 10 grams, with a business turnover of 1,057 lots. Analysts said fresh positions by traders led to the rise in gold prices. Globally, gold was trading 0.45 per cent higher at USD 1,865.70 an ounce in New York.
A similar situation was witnessed in silver futures trade as traders created positions on strong spot demand, due to which silver prices on Monday rose by Rs 374 to Rs 62,490 per kg in futures trade. On the Multi Commodity Exchange, silver for delivery in July was trading up by Rs 374, or 0.6 per cent, at Rs 62,490 per kg in 12,336 lots. Market analysts said the rise in silver prices was mainly due to fresh positions by participants amid a positive domestic trend. Globally, silver was trading 0.92 per cent higher at $ 22.30 an ounce in New York.
Latest rates in cities
Silver spot price in Mumbai closed at Rs 62073 per kg. Standard Gold (99.5) closed at Rs 50979 per 10 grams and Pure Gold (99.9) at Rs 51184. In the morning, the price of silver opened at Rs 62462 per kg and standard gold at Rs 50979 per 10 grams and pure gold at Rs 51184. Standard gold closed at Rs 52620, jewelery gold at Rs 4893 per 10 grams, silver spot at Rs 64,000 per kg in Bengaluru. In Kolkata, 22 carat gold opened at Rs 47750, 24 carat gold at Rs 52090 and silver at Rs 62200. In Chennai, the rate of 22 carat gold 47800, 24 carat gold 52150 and silver opened at Rs 67000 per kg. In Hyderabad, the rate of 22 carat gold 47750, 24 carat gold 52150, silver opened at Rs 67000.