News from the United States and a record rise in gold and silver prices in India, now the price has become so high
Gold-Silver Today: If you are planning to buy gold, definitely read this news beforehand. Because the news of the US Federal Reserve’s announcement of an interest rate cut had an impact on the price of gold in India. Gold in India has reached close to its record level. Tremendous measures are also observed in the commodities market. After two days of growth, gold reached an all-time high on the international market on Thursday and on the last day of the trading week it records a sharp rise on the futures market as well. In such a situation, before buying gold, it is necessary to check the current exchange rate.
What is the condition of gold and silver?
This morning, gold was quoted at Rs 73,220 per 10 grams with an increase of Rs 396 (0.54%) in the futures market, which had closed at Rs 72,824 yesterday. During this period, silver was moving at Rs 87,655 per kg with an increase of Rs 560 (0.64%), its closing price yesterday was Rs 87,095.
In the capital, gold prices fell by Rs 250 on Thursday to Rs 74,350 per 10 grams, while silver prices rose to Rs 87,000 per kg. On Wednesday, gold with 99.9 per cent purity closed at Rs 74,600 per 10 grams. However, silver prices rose by Rs 2,000 on Thursday to hit a two-week high of Rs 87,000 per kg. In the last session, silver closed at Rs 85,000 per kg.
silver state
With this, silver prices have strengthened by over Rs 3,200 in the last three sessions. Meanwhile, gold with 99.5 per cent purity also fell by Rs 250 to Rs 74,000 per 10 grams. Its previous closing price was Rs 74,250 per 10 grams. Traders said silver’s uptrend continued for the third consecutive session on the back of strong industrial demand, which led to a surge in silver prices.
