Gold-Silver Prices Today: In Delhi bullion market on Thursday, the price of gold fell by Rs 330 to Rs 61,370 per 10 grams. In the last trading session, gold had closed at Rs 61,700 per 10 grams.
Gold-Silver Price Today: Gold and silver prices have registered a decline in the Indian bullion market today, May 11, 2023, amid a weak global trend. 10 grams of gold has become cheaper to Rs 61,370. The rates of one kg of silver have come down and now it is being sold for Rs 75,950. HDFC Securities has given this information.
On Thursday, the gold price in the Delhi bullion market fell by Rs 330 to Rs 61,370 per 10 grams. In the last trading session, gold had closed at Rs 61,700 per 10 grams.
How much has silver reached today?
However, the price of silver declined by Rs 1,650 to Rs 77,800 per kg. HDFC Securities Senior Analyst Saumil Gandhi said, “Spot gold prices declined by Rs 330 to Rs 61,370 per 10 grams in the Delhi Bullion Market.”
Fall in gold and silver in foreign markets
In the international market, both gold and silver were trading lower at $2,026 an ounce and $25.10 an ounce, respectively.
Gold demand in India decreased by 17 percent in January-March
It is noteworthy that in January-March this year, gold demand in India decreased by 17 percent. During this period, gold demand has decreased by 17 percent to 112.5 tonnes. Bullion imports remained unchanged at 134 tonnes in January-March. According to the World Gold Council, the global demand for gold decreased by 13 percent in January-March. During this period, the global gold demand has come down by 13 percent to 1,081 tonnes.
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