Gold Price Today: If the rupee becomes strong then the decline in gold-silver trend, know the latest rate of gold
Gold-Silver Prices Updates: Gold fell by Rs 305 to Rs 46,756 per 10 grams in the Delhi Bullion Market on Friday due to the fall in the prices of precious metals in the international market and the improvement in the value of the rupee. HDFC Securities gave this information. In the previous trading session, the closing price of gold was Rs 47,061 per 10 grams.
In the international market, gold was down at $ 1,768 an ounce, while silver was almost unchanged at $ 25.90 an ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Gold prices were under pressure after recovering from the recent low level of receipt from US bonds. Selling of gold was seen due to increase in realization from US bonds.
Silver also fell by Rs 113 to Rs 67,810 per kg. Silver had closed at 67,923 in the previous trading session. Due to strong spot demand, traders increased the size of their deals, which led to the rise in silver futures by Rs 143 to Rs 68,467 per kg in the futures market on Tuesday.
At the Multi Commodity Exchange, silver for delivery in May rose by Rs 143, or 0.21 per cent, to Rs 68,467 per kg, with a business turnover of 8,762 lots. Market analysts said that the main reason for the rise in silver prices was the buying of fresh deals by traders due to the fast trend in the domestic market.
In the foreign currency exchange market, the rupee rose 23 paise to 74.64 per dollar against the US dollar on Tuesday.
(This news has not been edited by the NDTV team. It has been published directly from the Syndicate feed.)