Gold-Silver Price Update : Gold has returned to the global markets, while silver has also taken a big jump back. Talking about the domestic market, silver had fallen by more than Rs 1000 on Wednesday, but in the last trading session, silver has jumped by about Rs 1300. Gold rose by Rs 382 to close at Rs 46,992 per 10 grams in the Delhi bullion market on Thursday amid a jump in international gold prices. The previous closing price of gold was Rs 46,610 per 10 grams. Similarly, silver also rose by Rs 1,280 to Rs 66,274 per kg. Its previous closing price was Rs 64,994.
At the same time, if we look at the morning of Thursday, according to GoldPrice.org, if we look at the international market, then at 8.52 in the morning of Indian time, gold saw a rise of 1.21 percent on MCX and the metal is at the level of $ 1829.46 per ounce. At the same time, there is a big rally of 2.26 percent in silver and silver has climbed to the level of $ 25.61 per ounce.
If you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then with the last update, the price of gold today is like this- (These prices are given per gram without GST charge)
999 (purity) – 48,358
Silver 999- 67,881
Futures prices also picked up pace
Gold futures prices rose by Rs 330 to Rs 48,044 per ten grams in the local futures market due to increased spot demand. On the Multi Commodity Exchange, the delivery price of gold futures contract for the month of October rose by Rs 330, or 0.69 percent, to Rs 48,044 per ten grams.
At the same time, there was a tremendous rise in the futures market of silver. The delivery price of silver futures contract for the month of September rose by Rs 1,293, or 1.95 per cent, to Rs 67,683 per kg. The traded for this contract was 9,779 lots.