Gold And Silver Price Today: In line with the decline of global markets, gold has become cheaper by Rs 208 per 10 grams in the Delhi bullion market on Thursday. At the same time, 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 today’s latest prices.
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 has now gone up to Rs 47,815 per 10 grams. At the same time, the price of silver of 999 purity has reached Rs 68 thousand 285 per kg.
Gold prices rise internationally
HDFC Securities Senior Analyst (Commodities) Tapan Patel said international gold prices edged up, keeping short-term resistance above $1,800 an ounce. He said concerns over economic growth on a weaker dollar and higher oil prices boosted gold buying for the day.
Gold demand less likely to return to normal levels
Gold prices have been at their lowest in the last three decades, leading to a boom in gold buying in India. A Reuters news report, citing local dealers, warned that gold demand is unlikely to return to normal levels anytime soon. Because due to the Kovid-19 epidemic, less than average people are shopping at most of the jewelery stores in the country.
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