New Delhi On Thursday, an increase in the spot prices of gold and silver was recorded in the domestic bullion market. In the national capital Delhi, gold has gained Rs 477 on Thursday. With this increase, gold has now come to Rs 48,190 per 10 grams in Delhi. Earlier, gold had closed at Rs 47,713 per 10 grams on Wednesday. Globally, gold futures have seen an increase and a fall in spot prices on Thursday evening.
According to HDFC Senior Analyst (commodity) Tapan Patel, the spot price of 24-carat gold in Delhi was also trending by Rs 477 on Thursday. According to Patel, the fall in the rupee has seen a rise in gold prices.
The Indian rupee closed 20 paise down 75.79 against a dollar on Thursday. The Indian rupee fell on Thursday due to the strengthening of the US dollar and weak domestic stock markets.
Along with gold in the domestic bullion market, the price of silver has also gone up by Rs 26 on Thursday. The price of silver has come down sharply to Rs 49,868 per kg. Significantly, silver had closed at Rs 49,842 per kg in the previous session.
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Talking about the international market, on Thursday evening gold futures prices have seen an increase and a fall in the spot price. On Thursday evening, gold futures were trading at $ 1,733.60 an ounce on the Comex, gaining 0.75 percent or $ 12.90. At the same time, the spot price of gold was down by 0.66 percent or $ 11.40 to trade at $ 1,727.30 an ounce.
Talking about the global price of silver, silver futures rose 1.60 percent or $ 0.28 to $ 18.08 an ounce on Thursday evening and silver fell 1.24 percent or $ 0.22 to $ 17.89 an ounce on Thursday evening. Was trending