Business News

Gold Price – Good news, there is a big drop in the price of gold, check the latest rate

The price of gold in the bullion market of the capital Delhi (delhi gold price) fell by Rs 190 to Rs 78,960 per 10 grams. Earlier on Friday, the price of 99.9 percent pure gold closed at Rs 79,150 per 10 grams.

There has been a huge fall in the price of gold in the country’s capital Delhi. The special thing is that political turmoil is in full swing in South Korea and Syria. The effect of which is clearly visible in the country’s futures market MCX and America’s Comex market. There has been a rise in the price of gold in both the places. Experts believe that the demand for safe haven will increase in the future, which will further increase the price of gold. Let us also tell you how much the price of gold has become in the country’s capital Delhi-

Gold became cheaper, silver rose-

The price of gold in the bullion market of the capital Delhi (delhi gold price) fell by Rs 190 to Rs 78,960 per 10 grams. Earlier on Friday, the price of 99.9 percent pure gold closed at Rs 79,150 per 10 grams. The price of 99.5 percent pure gold also fell by Rs 190 to close at Rs 78,560 per 10 grams. On Friday, it closed at Rs 78,750 per 10 grams. However, on Monday, the price of silver (chandi ki kimat) rose by Rs 350 to Rs 93,850 per kg. In the previous trading session, silver closed at Rs 93,500 per kg. (gold-silver price)

Rise in MCX and foreign markets-

Gold prices on the Multi Commodity Exchange (MCX) rose to Rs 77,251 per gram, rising by Rs 632. The highest price of gold in the trading session was Rs 77,310 per gram. Silver prices saw an increase of Rs 1,961, reaching a high of Rs 94,588. In foreign markets, Comex gold futures rose by $ 14.10 to $ 2,673.70 per ounce, while silver rose by 1.89 percent to $ 32.19 per ounce in the Asian market.

What do experts say?

According to Jatin Trivedi, Vice President-Research Analyst of LKP Securities, due to geopolitical instability, the demand for safe investment has increased, due to which gold prices have seen a jump on MCX. Recently, rebels in Syria have removed President Bashar al-Assad from power. After this development, reports of Israeli involvement in Syrian territory and activities of Turkish-backed rebels have increased tension even more, which is affecting gold prices.

Satbir Singh

My name is Satbir Singh and I am from Sirsa district of Haryana. I have been working as a writer on digital media for the last 6 years. I have 6 years of experience in writing local news and trending news. Due to my experience and knowledge, I can write on all topics.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button