Gold price today: In the Delhi bullion market, gold with 99.9 percent purity fell by Rs 200 to Rs 99,370 per 10 grams, which closed at Rs 99,570 per 10 grams on Monday. At the same time, gold with 99.5 percent purity also fell by Rs 200 to Rs 98,800 per 10 grams. On Tuesday, there was a huge fall in gold and silver prices in the bullion market. Gold and silver prices fell due to selling pressure and global signals in major markets like Indore in the national capital Delhi and Indore.
Silver breaks Rs 3,000, slipped from record level
Silver, who reached a record of Rs 1,15,000 per kg on Monday on Monday, fell by Rs 3,000 to Rs 1,12,000 per kg (including all taxes). Profit booking by investors after the fast was the main reason for this.
Gold and silver prices also fall in Indore
According to local traders, gold fell by Rs 400 to Rs 98,000 per 10 grams on Tuesday in the bullion market of Indore. At the same time, the price of silver fell by Rs 800 and it was Rs 1,11,500 per kg. The price of silver coin was also Rs 1,200 per nos.
Impact of market fluctuations and dollar strength
The vice-president (commodity) of Mehta Equality, Rahul Kalantar, said that the prices of gold and silver were seen in the day. After the initial fast, precious metals slipped due to the strengthening of the US Dollar Index. Investors are cautious before American inflation data.
Mixed trend was also found in international market
In the international spot market, gold rose 0.62 percent, or $ 20.62 to $ 3,364.14 an ounce. However, Chintan Mehta, CEO of Abans Financial Services, said that Trump’s decision to increase the fee has led to a demand for safe investment, but the expectations of potential interactions stopped the huge boom.