Gold Silver Rate Today: Gold price rises again today, becomes costlier by Rs 570, silver rises by Rs 190

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Gold Silver Rate Today: Gold became costlier by Rs 570 in the national capital on Friday due to a rise in metal prices in global markets and depreciation of the rupee against the US dollar. The price of ten grams of gold in Delhi has gone up to Rs 47,155.

The rally in gold prices continues. Like Thursday, the price of the precious yellow metal rose even today. Gold became costlier by Rs 570 in the national capital on Friday due to the rise in metal prices in global markets and depreciation of the rupee against the US dollar. The price of ten grams of gold in Delhi has gone up to Rs 47,155. In the previous trade, the precious metal had closed at Rs 46,585 per 10 grams.

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Silver shine with gold
Along with the increase in the price of gold, the price of another precious metal silver also increased today. Silver prices on Friday rose by Rs 190. After this, silver reached Rs 62,145 per kg in the capital Delhi. It is worth noting that silver had closed at Rs 61,955 per kg in the previous trading session.

Rupee breaks 16 paise against dollar
On Friday, the stock markets around the world were seen trading in decline. The Indian market also fell heavily. Sensex fell to a seven-month low. With this, the rupee depreciated by 16 paise to close at 74.68 against the US dollar.

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The condition of precious metals in the international market
In the international market, gold was trading higher at $ 1,808 an ounce and silver was flat at $ 23.70 an ounce. According to Tapan Patel, Senior Analyst, HDFC Securities, Comex trading rose one percent in line with the rise in gold prices. Due to this, gold traded at USD 1,808 an ounce in the international market. A weakening dollar and a fall in US bond yields pushed up gold prices.