Gold Silver Price: Gold has become expensive than before, silver also rose by Rs 400, see the rates of different cities here
Gold Silver Price: The effect of increasing gold and silver prices in the international market was seen on the domestic market. Gold and silver prices in Delhi closed higher on Tuesday. An increase of Rs 104 per 10 grams in gold was seen and Rs 400 in silver was seen on 1 kg.
Gold and silver are seeing a rise as compared to earlier. On Tuesday, the prices of gold and silver saw a rise in the national capital Delhi. On Tuesday, the price of gold per 10 grams in Delhi was recorded at Rs 46,606. On Tuesday, a rise of Rs 104 was seen in the price of gold from the last trading day. According to HDFC Securities, due to the rise in gold prices in the global market, the domestic market also saw a rise in the price. Silver prices were locked up.
In Delhi, the price of gold per 10 grams was Rs 46,502 on the last trading day i.e. on Monday, which increased to Rs 46,606 on Tuesday. Like gold, the price of silver also saw a rise. On Monday, the price of 1 kg of silver in Delhi was Rs 59,292, which increased by Rs 408 to Rs 59,700 on Tuesday. Due to the rise in the price of silver in the international markets, its prices were seen increasing in the domestic market.
Global market condition
In the international market on Tuesday, gold was trading higher at $ 1,809 an ounce and silver was flat at $ 22.63 an ounce. HDFC Securities Senior Analyst Tapan Patel 'PTI' said, "Gold prices in Comex were trading half a percent higher on Tuesday at $1,809 an ounce in line with spot gold prices. Gold prices fell by $1,800 on a weaker dollar and fall in US bond yields.
Price in Kolkata
Silver Ready (Bar) – Rs 61,000.00 per kg Silver Ready (Part) – Rs 61,100.00 per kg Gold (24-carat) Ready – Rs 48,300.00 (48,100.00) per 10 grams of Gold (22-carat) Ready – Rs 45,800.00 (45,650.00) per 10 grams hallmarked gold (22-carat) ready - Rs 46,500.00 (46,350.00) per 10 grams
Silver prices opened at Rs 60550.00 per kg and closed at Rs 60440.00. Similarly, the prices of Standard Gold (99.5) per 10 grams opened at Rs 47531.00 and closed at Rs 47514.00. Pure gold (99.9) opened at Rs 47722.00 per 10 grams and closed at Rs 47705.00 on Tuesday.
Gold Rate in Bangalore
Standard gold (22 carats) was priced at Rs 4605 for 1 gram in Bangalore on Tuesday. The price of 22-carat standard gold 8 grams is Rs 36,840. Pure gold (24 carat) (1 gram) costs Rs 4,835. The price of pure gold (24 carats) (8 grams) is Rs 38,680.
Futures trading conditions
Gold prices on Tuesday rose by Rs 103 to Rs 47,558 per 10 grams in futures trade as speculators created fresh positions amid strong spot demand. On the Multi Commodity Exchange, gold for delivery in February rose by Rs 103, or 0.22 percent, to Rs 47,558 per 10 grams, with a business turnover of 7,468 lots. Globally, gold traded 0.52 percent higher at USD 1,808.10 an ounce in New York, analysts said on fresh positions created by traders. Globally, gold prices rose by 0.52 percent in New York.