Gold Rate: Gold has become cheaper, today the price is broken by more than Rs 250, know the new rates

Gold and silver prices fell on Thursday due to weak global cues. The price of gold fell by Rs 259 per 10 grams in the Delhi bullion market. At the same time, the price of silver fell by Rs 110 per kg. According to HDFC Securities, gold has declined due to sluggish signals from the global market.

New Gold Rate (Gold Price on 10 June 2021): On Thursday, the price of gold declined from Rs 48,386 to Rs 48,127 per 10 grams in the Delhi bullion market. In the international market, gold was trading with weakness at $ 1,880 an ounce.

New Silver Price (Silver Price on 10 June 2021): In the Delhi bullion market, the price of silver fell from Rs 70,384 to Rs 70,274 per kg. Silver was flat at $ 27.65 an ounce in the international market.

Why is the fall in gold coming?

HDFC Securities Senior Analyst (Commodities) Tapan Patel said, 24 carat gold prices in Delhi declined by Rs 259 due to fall in gold prices on COMEX (New York-based commodity exchange). prices declined.

On the other hand, Navneet Damani, Vice-President (Commodities Research), Motilal Oswal Financial Services, said, “Gold prices declined after stable trading in the last few trading sessions due to the strengthening of the dollar.

He said investors are waiting for US data and indications on inflation levels and economic growth ahead of the European Central Bank meeting.

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