Gold stabilizes, silver rises 100 rupees, know the price
Gold prices remained at Rs 32,550 per 10 grams in the Delhi bullion market on Monday due to high demand due to the high prices of yellow metal glazed internationally. In the meantime, the reduction of industrial subscription, silver was slashed by Rs 100 to Rs 39,500 per kg.
In the international market, London’s gold spot declined 0.11 percent to $ 1233.30 an ounce. In December, US gold futures also dropped by $ 5.80 to $ 1,230.00 an ounce. However, there was an increase in silver in the global market and it rose 0.4 percent to $ 14.67 an ounce. Gold rate today searched by many online users & it changes daily basis.
According to market analysts, on Friday, London’s gold spot reached the highest level of over three months, at $ 1243.32 an ounce. However, due to the strong dollar being strengthened in the basket of other major currencies in the world, its prices have dropped.
Despite the festive and wedding season, the softening of the yellow jubilee demand at the higher price prevailing at the gold standard of Rs 32,550 per ten grams. Sona Bitur also stood at Rs 32,400 per ten gram and eight grams of Gini at Rs 24,800.
The chance to buy cheap gold, know how low the cost will be:
Gold prices fell by Rs 100 to Rs 6,050 per ten gram in the bullion market on Tuesday as demand from jewelers and sluggish demand in rupee against dollar strengthened.
Silver also fell by Rs 130 to Rs 39,820 per kilogram. This is its lower level since April 13 this year.
The rise in both precious metals in the overseas markets also could not handle them in the local market. Gold in overseas market shines at $ 4.25 to reach $ 1,244.50 an ounce.
In August, the US gold futures also rose by $ 5.20 to $ 1,244.90 per ounce.
Market analysts say that yellow metal has been strengthened due to the weakening of the dollar in other major currencies in the world.
Investors are still waiting for the first statement given to the Federal Reserve chief Jerome Powell in the US Parliament.
It is expected that there will be signs of the future of the Fed about the increase in interest rates. Coin coins and selling remained steady at Rs 74 thousand and Rs 75 thousand per sq.
Content reference From: livehindustan.com