Breaking India State Business Entertainment Biography Lifestyle

Gold Silver Price: Silver became cheaper by 550 rupees, gold also went down, this is the price in your city

Sagar Patel

By Sagar Patel

Published on:

What are the current prices of gold and silver?

Over the past few days there has been a continuous rise in gold and silver prices. On Thursday, due to weakness in the global market, a drop in gold and silver prices was also seen in the Indian market. What was the price of gold and silver on Thursday in the bullion markets in the country’s capital, Delhi? Let us know.

Due to weak trend in international markets, gold fell by Rs 50 to Rs 72,150 per 10 grams in the national capital’s bullion market on Thursday. In the previous trading session, gold had closed at Rs 72,200 per 10 grams.

Sharp drop in silver prices

On the one hand, there was a slight drop in gold prices, while on the other hand there was a sharp drop in silver prices. On Thursday, silver price fell by Rs 550 to Rs 90,950 per kg. In the previous trading session, it had closed at Rs 91,500 per kg. Market experts believe that although silver prices are falling today, sentiment is still quite positive. In the coming times, silver prices may cross Rs 1 lakh per kg.

What do the experts say?

Market experts believe that the main reason for the current decline is global sentiments. According to Saumil Gandhi, analyst at HDFC Securities, spot prices of gold (24 carats) in Delhi markets are trading at Rs 72,150 per 10 grams, which is a decline of Rs 50 from the previous closing price. On the international Comex market, spot gold was trading at $2,313 per ounce, two dollars less than the previous closing price. Huge fluctuations in gold and silver prices have been seen over the past few weeks. On the one hand, gold prices sometimes rise and sometimes fall, while, on the other hand, silver prices set new records every day. However, on Thursday it recorded a drop of Rs 550.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

Related Post

Leave a comment

x