Today the stability in gold prices is being seen, even today gold rates are the same as they were yesterday. Gold has been seen trading at Rs 48,509 in Delhi. The price of silver was Rs 66,700 per kg.
For the past few weeks, gold prices have been consistently below Rs 50,000 per 10 grams. Gold prices had reached 51,660, but now gold remains around 48,500 per 10 grams.
According to the Indian Bullion and Jewelers Association, the 24-carat 10-gram gold was priced at Rs 49,186 per 10 grams when the market opened on Monday, which was Rs 49,416 per 10 grams when the market closed. The price of 1 kg of silver was Rs 66,407 per kg.
On Monday, gold fell by Rs 263 to Rs 48,861 per 10 grams in Delhi Bullion Market. Silver rose marginally by Rs 43 to Rs 66,019 per kg.
In the international market, gold declined to $ 1853.26 an ounce while silver was seen trading at $ 25.55 an ounce.