Pitru Paksha is about to end and before that, good news has come for gold buyers. According to information, two days before Navratri there was a huge drop in the price of gold in the country’s capital, Delhi. While a day before no change was observed in the price of gold. The special thing is that the price of gold has been rising for 10 consecutive days. On the other hand, no change has been observed in the price of silver. While a day before a great decrease was observed in it. Let us also tell you what gold and silver prices have become in the country’s capital, Delhi.
Gold became cheaper in Delhi
According to the All India Bullion Association, the 10-day rise in gold prices came to a halt on Tuesday in the bullion market in the country’s capital Delhi and fell by Rs 200 to close at Rs 78,100 per 10 grams. On Monday, gold closed at Rs 78,300 per 10 grams. Apart from this, gold with 99.5 per cent purity fell by Rs 200 to Rs 77,700 per 10 grams. Its last closing price on Monday was Rs 77,900 per 10 grams. However, silver remained unchanged at Rs 92,500 per kg in local markets on Tuesday.
Gold and silver rise on MCX
Meanwhile, in Multi Commodity Exchange (MCX) futures trading, the price of gold contract for December delivery rose by Rs 347, or 0.46 per cent, to Rs 75,958 per 10 grams. Silver also rose by Rs 441 or 0.49 per cent to Rs 91,160 per kg. Gold on Comex was trading 0.34 percent higher at $2,668.50 an ounce in Asian trading hours. In international markets, silver also rose 0.48 percent to $31.61 an ounce.
read this too
what the experts say
Manish Sharma, AVP-Commodity & Currency, Anand Rathi Shares & Stock Brokers, said gold prices fell to a four-day low yesterday as US Federal Reserve chief Jerome Powell leaned in favor of a less aggressive policy easing by the Federal Reserve. a significant rise in the US dollar. If experts are to be believed, the Federal Reserve could make another 0.50 percent cut in the month of November. But before that, investors are awaiting data on US payrolls.
