Gold-Silver Price Update: Gold prices are continuously declining this week. Gold has reached its last one-year low. In this business week, there has been a continuous decline in gold for the last five days. In line with Tuesday night’s sell-off in precious metals in the global markets, gold also fell by Rs 49 to Rs 43,925 per 10 grams in Delhi Bullion Market. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 43,974 per 10 grams.
Accordingly, the price of silver also fell by Rs 331 to Rs 62,441 per kg. Silver had closed at Rs 62,772 per kg in the previous trading session. HDFC Securities Senior Analyst (Commodities) Tapan Patel said that gold prices fell due to the strengthening of the dollar on hopes of a US economic recovery.
Good Returns According to the website, the price of 22 carat gold in Delhi is 43,250 and the price of 24 carat gold is 47,180. In Mumbai, 22 carat gold is running at 43,370 and 24 carat gold at 44,370. In Kolkata, 22 carat gold is Rs 43,680, while 24 carat gold is 46,400 rupees. The price of 22 carat gold in Chennai is 41,740 and 24 carat is 45,540 rupees. These prices are per 10 grams of gold.
At the same time, if we talk about silver Good Returns According to the website, silver is being sold in Delhi at Rs 63,200 per kg. The price of silver is same in Mumbai and Kolkata. Silver is being sold at Rs 67,300 per kg in Chennai.
On the other hand, gold futures prices have also declined due to recent weak spot demand. Traders cut their deals due to which gold fell 0.13 percent to Rs 44,366 per 10 grams in futures trade on Wednesday.
On the Multi Commodity Exchange, the price of delivery gold futures fell by Rs 57, or 0.13 per cent, to Rs 44,366 per 10 grams in the month of June. It traded for 12,591 lots.