Gold Price: Due to global conditions, there is a constant fluctuation in the price of gold and silver. There was a continuous decline in the price of gold last week. Due to the fall in gold prices, it is selling Rs 9,150 cheaper than its all-time high rate.
New Delhi: Gold Price: Due to global conditions, there is a continuous fluctuation in the price of gold and silver. There was a continuous decline in the price of gold last week. Due to the fall in gold prices, it is selling Rs 9,150 cheaper than its all-time high rate.
Know the price of gold
According to the Good Returns website, there was no change in the price of gold in Delhi on
. The price of 22 carat gold in Delhi was recorded at Rs 46,250 per ten grams. Similarly, the price of 24 carat gold was recorded at Rs 50,450 per ten grams.
Compared to the record rate of gold, in August 2020, gold had reached its all-time high rate of Rs 55,400 per ten grams. If you compare the current price of 22 carat gold with its all-time high rate, then gold is now selling cheaper by Rs 9,150.
The rise in the price of gold in the futures market
At the same time, gold rose by Rs 147 to Rs 50,020 per 10 grams in the futures market on Tuesday as speculators placed fresh positions on strong spot demand. On the Multi Commodity Exchange (MCX), gold for delivery in June rose by Rs 147, or 0.29 per cent, to Rs 50,020 per 10 grams. It had a business turnover of 6,923 lots.
Market analysts said setting up of fresh positions by participants led to the rise in gold futures. Globally, gold fell 0.06 per cent to Rs 1,807.10 an ounce in New York.
Silver price increased by Rs 496
Silver prices on Tuesday rose by Rs 496 to Rs 59,828 per kg in futures market as participants increased their positions on firm spot demand. On the Multi Commodity Exchange, silver for delivery in July rose by Rs 496, or 0.84 per cent, to Rs 59,828 per kg. It traded for 16,836 lots.
Market analysts said fresh positions by participants led to a rise in domestic market. Globally, silver traded 0.33 per cent higher at USD 21.07 an ounce in New York.
