Recently, the prices of this metal have increased due to increasing demand for gold. The improvement in gold is being seen from the last two sessions. Gold has become almost 11,000 rupees cheaper than its record high. And now, due to the festival and wedding season, the purchase of gold has increased, in such a situation, gold seems to be strengthening. At the same time, a big jump in silver prices has also been recorded.
On Thursday, gold improved by Rs 105 to reach Rs 44,509 per ten gram in Delhi Bullion Market. This information was given by HDFC Securities. The previous closing price was Rs 44,404 per 10 grams.
Silver also rose by Rs 1,073 per kg to Rs 67,364 per kg. The previous day’s closing price was Rs 66,291 per kg. In the international market, gold declined to $ 1,738 an ounce, while silver remained almost flat at $ 26.36 an ounce.
Today, if you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then the price of gold is something like this (These prices are stated per gram without GST charge).
999 (Purity) – 44,861
Silver 999- 67,049
Gold future also sprung
At the same time, the spot demand for gold is strong, due to which the prices of gold futures are also showing a rise. Due to strong spot demand, speculators bought fresh deals, in which gold rose by Rs 197 to Rs 44,037 per 10 grams in futures trade on Thursday.
On the Multi Commodity Exchange, the price of gold futures delivered in April rose by Rs 197, or 0.44 per cent, to Rs 45,037 per 10 grams. It was traded for 8,384 lots.
(With input from language)