Gold-Silver Price Updates : After seeing a decline in the last several sessions, gold has reached the top with a big jump in the last session. However, the yellow metal is still trading near the 47,000 level. Gold futures also registered a rally. In the closing on Thursday, gold rose by Rs 526 to Rs 46,310 per 10 grams in the Delhi bullion market amid a strong correction in the prices of precious metals in the global market and a fall in the exchange rate of the rupee. Due to this, gold had closed at 45,784 in the previous trading session.
At the same time, silver also rose by Rs 1,231 to Rs 68,654 per kg. Its closing price in the last trading session was Rs 67,423.
According to GoldPrice.org, this morning (at 8.53 IST) Gold on MCX has declined by 0.58 percent by US dollar and the metal is at the level of 1,778.58. At the same time, silver has declined by 0.14 percent and silver is at the level of 26.06.
If you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then today the price of gold is like this- (These prices are given per gram without GST charge)
999 (purity) – 47,263
Silver 999- 69160
If we talk about futures prices, due to strong spot demand, speculators created fresh positions, due to which gold prices rose by Rs 137 to Rs 46,976 per 10 grams in the local futures market. Gold for August delivery rose by Rs 137, or 0.29 per cent, to Rs 46,976 per 10 grams.
(This news has not been edited by NDTV team. It has been published directly from Syndicate feed.)