Gold Silver Price, 23 September 2021: Gold prices registered a fall on Thursday. At the same time, the price of silver saw a rise of only Rs 26 per kg today. According to experts, due to the statement of the Fed Reserve and the strengthening of the rupee, the price of gold has come down.
New Delhi. In the Indian bullion market, there has been a decline in the price of gold today i.e. on 23 September 2021. Due to this, gold has reached below Rs 45,500 per 10 grams. At the same time, there has been an increase in the price of silver today. During the last trading session, gold had closed at Rs 45,685 per 10 grams in the Delhi bullion market. At the same time, silver closed at Rs 59,583 per kg. There was no significant change in the price of gold and silver in the international market today.
New Gold Prices On
Thursday, a fall of Rs 294 per 10 grams was recorded in the Delhi bullion market. In the national capital, the price of 99.9 grams of purity gold today fell below Rs 45 thousand to close at Rs 45,401 per 10 grams. This has again created an opportunity to invest in gold because gold is getting cheaper by Rs 10,799 from its record high. In fact, in August 2020, gold touched the highest level of Rs 56,200 per 10 grams. At the same time, gold prices fell in the international market today and it reached $ 1,768 an ounce.
New silver prices
In contrast to gold, a jump in the prices of silver was recorded today. Silver prices on Thursday rose by Rs 26 to close at Rs 59,609 per kg in the Delhi bullion market. At the same time, there was no significant change in the price of silver in the international market today and it reached $ 22.78 an ounce.
Why Gold Decrease
HDFC Securities Senior Analyst (Commodities) Tapan Patel said that the rupee was trading at 73.77 with a gain of 10 paise against the dollar in the forex market this morning. Due to this, a fall in the price of gold has been recorded in the Indian markets. On the other hand, Navneet Damani, Vice President of Commodity Research at Motilal Oswal Financial Services said that the fall in gold prices has been registered due to the statement of the US Federal Reserve. In fact, the Fed Reserve said that the government can reduce the purchase of bonds every month till November 2021. Also said that interest rates may increase faster than expected.
