Gold-Silver Prices Updates: Gold and silver prices have strengthened due to positive global signals. In the last trading session, the price of gold in Delhi increased by Rs 237 to Rs 47,994 per ten gram on Thursday. In the previous session, the price of gold was at Rs 47,757 per ten grams. Silver also gained Rs 153 to Rs 71,421 per kg. The previous day, silver had closed at Rs 71,268 per kg.
Today, if you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then the price of gold is something like this (These prices are stated per gram without GST charge).
999 (Purity) – 48,534
Silver 999- 71,541
Gold and silver futures prices fell on MCX. Due to weak spot demand, speculators reduced the size of their deals, resulting in a loss of Rs 187 to Rs 48,487 per 10 grams in the local futures market. For the month of June, the price of gold was Rs. 187, ie 0.38 per cent, with a loss of Rs. 48,487 per 10 grams. It traded for 6,132 lots.
Silver fell by Rs 423 to Rs 71,951 per kg. The futures contract for July delivery fell by Rs 423, or 0.58 per cent, to Rs 71,951 per kg. In this futures contract, deals were done for 10,597 lots. Globally, silver fell 0.71 percent to USD 27.83 an ounce in New York.
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