Gold Rate Today: Gold and silver prices witnessed a rise in the bullion market of the national capital Delhi on Wednesday. The price of gold increased by Rs 60 due to a slight retail buying and increasing demand for jewelry, while silver reached Rs 1,300 and reached the highest level of three weeks. This can be a good opportunity for rapidly in investors and bullion traders.
Gold price gains marginally
Gold with 99.9% purity climbed Rs 60 to close at Rs 88,850 per 10 grams on Wednesday. Earlier it was Rs 88,790 per 10 grams. At the same time, the price of gold with 99.5% purity also increased by Rs 60 to Rs 88,450 per 10 grams.
Silver set a new record
There was a big jump in silver prices. It rose by Rs 1,300 to Rs 1,00,200 per kg, which is the highest level of about three weeks. The previous day it was Rs 98,900 per kg.
Gold and silver condition in international market
Gold, spotted in the international market, remained stable at $ 2,915.73 an ounce.
April delivery gold at Comex was trading at $ 2,921.30 an ounce.
Silver prices rose 0.25% to $ 33.03 an ounce in Asian markets.
Gold prices support due to weakness in dollar
According to Chintan Mehta, CEO of Abson Financial Services, gold prices have been strengthened due to the dollar reaching a five -month low and US economic instability.
Silver prices also increased in Indore
Silver also became expensive by Rs 850 per kg in the local market of Indore.
Gold: Rs 87,850 per 10 grams
Silver: Rs 98,400 per kg
Silver Coin: Rs 1,100 per nos
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