Gold Price Today Delhi: There is good news for gold buyers. After a steady rise in gold prices, today there has been a decline. Apart from this, there has been a rise in silver prices. Due to the fall in the prices of precious metals in the global market, gold has become cheaper in the domestic market as well. Gold has closed below 51000 in Delhi bullion market. HDFC Securities has given information about this.
gold has become cheaper
Gold prices have seen a slight fall of Rs 13 in the Delhi bullion market on Wednesday, after which the price of gold has reached the level of 50,935. At the same time, gold had closed at Rs 50,948 per 10 grams in the previous trading session.
Silver prices rise
Apart from this, if we talk about the prices of silver, then there is a rise in it. Silver prices rose by Rs 101 to end at Rs 61,567 per kg. Silver had closed at Rs 61,466 per kg in the previous trading session.
Gold became cheaper in the international market
Apart from this, if we talk about the international market, there is a fall in the prices of gold here too. Gold was trading lower at $ 1,857 an ounce while silver was down marginally at $ 21.91 an ounce.
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HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Spot gold prices fell 0.44 per cent to $1,857 an ounce on the New York-based commodity exchange COMEX on Tuesday, leading to a fall in gold prices in the US. Investors and traders are awaiting the details of the Federal Open Market Committee (FOMC) meeting. In this situation, due to the strengthening of the dollar, the price of gold declined.
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