Gold-Silver Rate Updates: Gold and Silver prices from last few sessions Continued growth is. Investors have been seeing a rise in gold for three consecutive weeks. Gold had gained Rs 95 in Monday’s business, while further business is also expected to be positive. The local bullion market is receiving strong signals from global markets. At the same time, due to the situation of coronavirus in the country, investors have resorted to gold. Hence, there has been a steady rise in the prices of gold for the past few months.
If we look at the current prices, the price of gold in the bullion market rose from Rs 95 to Rs 48,015 per ten grams in Delhi on Monday due to the trend in precious metals in the global markets and the fall in the rupee. Silver also rose by Rs 154 to Rs 70,998 per kg during this period. In the international market, gold remained high at $ 1,882 an ounce while silver remained almost unchanged at $ 27.67 an ounce.
If India Bullion and Jewelers Association Ltd. IBJA Rate But if we look at the price of gold today, it is something like this (These prices are stated at per gram without GST charge).
999 (Purity) – 48,672
Silver 999- 71,075
Futures prices rise
Due to the strong spot demand for gold in fresh trade, speculators bought fresh deals, causing gold to rise by Rs 56 to Rs 48,460 per 10 grams in the local futures market on Monday. At the Multi Commodity Exchange, gold for delivery in the month of June rose by Rs 56, or 0.12 per cent, to Rs 48,460 per 10 grams. It traded for 5,703 lots.
Silver also gained. On Monday, the price of silver rose by Rs 373 to Rs 71,422 per kg in futures trade. The futures contract for July delivery of silver on MCX rose by Rs 373, or 0.52 per cent, to Rs 71,422 per kg. In this futures contract, deals were done for 10,872 lots.
(With input from language)