Buying gold on Dhanteras and Diwali is considered auspicious, but in spite of this, the price of gold has not increased today, silver has fallen.
Buying gold on Dhanteras and Diwali is considered auspicious. But despite this, the gold price has not increased today. Gold and silver rates are declining after August’s all-time high rate. At the rate of August 7, gold is still about 6000 rupees cheaper. At the same time, silver is getting cheaper 13211 rupees. On Thursday, the average price of spot gold in bullion markets across the country was 50,702 rupees per 10 grams, while on Friday it has increased by only Rs 10 per 10 grams even if it is dense.
Also Read: Delhi HC order- Reserve for 80% ICU bed corona patients in 33 hospitals
On Thursday, the price of gold fell by Rs 81 to Rs 50,057 per 10 grams in Delhi Bullion Market. Silver also declined to Rs 62,037 per kg. Spot silver sold on Thursday at Rs 62797 per kg while on August 7 it was at Rs 76008. On August 7 this year, gold reached Rs 56254. World Gold Council MD Somasundaram said, sales of gold and silver have gone up, but it is still much lower than last year.
Futures gold-silver condition
Today futures gold is trading with a slight increase on the Multiple Commodity Exchange (MCX), while futures silver prices have declined marginally. Futures gold for delivery in December was trading at Rs 50,648 per 10 gram, up 0.09% i.e. Rs 48 at 10.30 am today. At the same time, silver prices fell by 0.11% i.e. Rs 67 per kg and it is trading at Rs 62,672 per kg.
