Gold rose by Rs 241 to Rs 52,048 per 10 grams.
In the Delhi bullion market, gold rose by Rs 241 to Rs 52,048 per 10 grams. In the last trading session, the yellow metal had closed at Rs 51,807 per 10 grams.
In the bullion market in Delhi on Monday amid strong global trend Sleep (Gold Price Today) With an increase of Rs 241, it reached Rs 52,048 per 10 grams. HDFC Securities gave this information. Yellow metal in the last trading session (Gold Rate Today) The price had closed at Rs 51,807 per 10 grams. silver price (Silver Price Today) also reached Rs 58,139 per kg with a profit of Rs 254. Silver in the last trading session (Silver Rate Today) 57,885 per kg.
In the international market, the price of gold has remained stable at $ 1,808.45 per ounce. Silver also remained at $ 19.83 an ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said weakness in the dollar and fears of a slowdown in the global market supported gold.
Prices in futures trade
In futures trade, gold prices have risen by Rs 200 to Rs 52,117 per 10 grams on Monday. On the Multi Commodity Exchange, contracts for August delivery were trading higher by Rs 200, or 0.39 per cent, at Rs 52,117 per 10 grams. This is for a business turnover of 11,395 lots.
On the other hand, silver prices have risen by Rs 58 to Rs 57,800 per kg in futures trade on Monday. On the Multi Commodity Exchange, silver contracts for July delivery gained Rs 58, or 0.1 per cent, to Rs 57,800 per kg. These prices are in business turnover of 112 lots.
gold and silver price in mumbai
At the same time, the price of gold in Mumbai metropolis, which is called the financial capital of the country, has been at Rs 52,129 per 10 grams. The price of silver has reached Rs 58,013 per kg in the capital of Maharashtra.
Let us tell you that with the tension between Russia and Ukraine, due to slowdown in the global economy and high inflation, gold prices can see a huge increase. It has been told in the report that according to experts, gold prices can touch the figure of Rs 55,000 this year. With this, gold can reach Rs 62,000 next year.
There is currently volatility in the prices of gold, but the prices remain above the level of 50 thousand. During the epidemic, gold had crossed the level of 56 thousand. Experts believe that there may be an increase in prices in the coming time, because G7 countries have banned the export of gold from Russia.