Gold and silver rates: There was a fall in the prices of gold and silver in the international market, which also affected the country’s largest bullion market. In the national capital, gold prices declined by Rs 294 per 10 grams in the bullion market. Talking about the latest prices, at present the price of 10 grams of gold is Rs 45,401. If we talk about the last trading session, then gold closed at Rs 45,695 per 10 grams. On one hand there is a fall in the price of gold, while on the other hand the price of silver has increased by Rs 26. It closed at Rs 59,609 per kg.
24 carat gold price
Regarding the price of 24 carat gold, Tapan Patel, Senior Research Analyst, HDFC Securities said, “Due to the fall in gold prices in Comex last night and the improvement in the value of the rupee, the price of 24 carat gold in Delhi fell by Rs 294. I. The value of the rupee rose by 10 paise to Rs 73.77 per dollar against the US dollar in the morning trade on Wednesday in the foreign exchange market.
Know about the market
Where there was a fall in the price of the precious metal, there was a slight increase in the price of silver. Gold prices fell by Rs 297 to Rs 46,375 per 10 grams in the futures market. For delivery of MCX also saw a decrease of Rs 297 in gold km. On the other hand, if we talk about the global level, then the price of gold in New York is down by 0.57 percent to $ 1,768.60 an ounce.
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Silver futures fall
Traders reduced their bets on weak demand for silver, resulting in a fall of Rs 290. At present, the price of silver has come down to Rs 60,890 per kg. On the Multi Commodity Exchange, silver futures for delivery in December traded at Rs 60,890 per kg with a loss of Rs 290, or 0.47 per cent.
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