The price of both gold and silver has registered a slight increase in the domestic market amid fluctuations in the price of gold in the global market. Meanwhile, the wait on the relief package in America has increased. Advisor to President Donald Trump said that we will have to wait for this now. This has also affected the price of gold.
On Friday, on the Multi Commodity Exchange (MCX), gold prices rose by 0.26 per cent i.e. Rs 132 to Rs 50,414 per ten grams. At the same time, the price of silver has increased by 0.63 percent i.e. Rs 378 to Rs 60,550 per kg. On Friday, gold spot in Ahmedabad sold at Rs 50699 per ten grams, while gold futures sold at Rs 50384 per ten grams.
On Thursday, gold fell by Rs 121 to Rs 50,630 per ten grams in the Delhi market, while silver fell by Rs 1,277 to Rs 60,098 per kg. In the global market, the price of gold hovered at one month low on Friday. This situation has come due to the strength of the dollar. Gold prices have also declined due to the delay in the US relief package.
