Gold and Silver Price Today: In line with the fall in global markets, gold has become cheaper by Rs 208 per 10 grams in the Delhi bullion market on Thursday. A fall of Rs 1143 per kg has been recorded in the price of silver. If you are thinking of buying gold and silver, then know the latest price.
what are today’s prices?
According to the price released by the India Bullion and Jewelers Association, the price of 24 carat gold of 999 purity in the Indian market is Rs 47,815 per 10 grams. While the price of silver of 999 purity is Rs 68 thousand 285 per kg.
Gold prices rise internationally
HDFC Securities Senior Analyst (Commodities) Tapan Patel said international gold prices edged higher, keeping short-term resistance above $1,800 an ounce. He said economic growth concerns over a weaker dollar and higher oil prices boosted gold buying for the day.
Gold demand is unlikely to return to normal levels.
Gold prices have been at their lowest level in the last three decades, which has led to a spurt in gold buying in India. According to a Reuters news report, local dealers have warned that gold demand is unlikely to return to normal levels anytime soon. The COVID-19 pandemic has brought down sales in most of the jewelery stores in the country.
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