Gold-Silver Price Updates : There is a positive trend in gold for the last two days. Last week, gold had fallen by about 4 per cent. At present, gold seems to be stable. Due to the improvement in gold in the US market and the effect of softening rupee exchange rate, in the last trading session i.e. till the end of Tuesday’s trading, there was a slight rise in gold. At the same time, there was a slight decline in silver.
In the Delhi bullion market, gold rose marginally by Rs 45 to Rs 46,213 per 10 grams. On the previous day, gold had closed at Rs 46,168. At the same time, silver fell by Rs 86 to Rs 66,389 per kg. The closing price on the previous day was Rs 66,475.
If you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then today the price of gold is like this- (These prices are given per gram without GST charge)
999 (purity) – 47,312
Silver 999- 68,198
futures prices fall
Gold prices on Tuesday fell by Rs 94 to Rs 46,980 per 10 grams in the local futures market as speculators reduced their positions amid weak spot demand. On MCX, gold for delivery in August fell by Rs 94, or 0.2 percent, to Rs 46,980 per 10 grams. It had a business turnover of 10,734 lots.
At the same time, the price of silver fell by Rs 247 to Rs 67,515 per kg. The futures contract for July delivery declined by Rs 247, or 0.36 per cent, to Rs 67,515 per kg. The futures contract was traded for 9,895 lots.
(with input from language)