gold Silver
Gold-Silver Rate Today: Tension between India and Pakistan has reached its peak. The possibility of war in both countries is not being ruled out. Its effect today to see at the price of gold and silver. The price of gold declined by Rs 1,500 to Rs 99,250 per 10 grams in the bullion market of the national capital. The All India Bullion Association has given this information. The price of 99.9 percent purity gold closed at Rs 1,00,750 per 10 grams on Wednesday. Breaking the continuing continuing for four days, gold with 99.5 percent purity fell by Rs 1,550 to Rs 98,800 per 10 grams on Thursday. In the last session, it closed at Rs 1,00,350 per 10 grams.
Silver also became cheap
According to the bullion association, the price of silver fell by Rs 740 to Rs 98,200 per kg on Wednesday’s closing price of Rs 98,940 per kg. Gold spot in foreign markets fell by $ 20.69 or 0.62 percent to $ 3,343.81 an ounce. According to commodity market experts, the Russia-Ukraine war, conflict in West Asia and the increasing tension between India and Pakistan are constantly creating a favorable position for geopolitical risk bullion prices.
Gold prices fell by Rs 940 to Rs 96,150 per 10 grams on Thursday amid weak spot demand. In June, the price of gold supplied in the Multi Commodity Exchange (MCX) fell by Rs 940 or 0.97 percent to Rs 96,150 per 10 grams. It traded for 15,078 lots.
Due to this prices fell
LKP Securities Vice President Research Analyst Jens and Mudra Jatin Trivedi said that there was a huge ups and downs in gold prices due to many global and domestic catalysts working together. Trivedi said that there was a huge decline in gold in international markets after US President Donald Trump announced a trade agreement with Britain on Thursday. This was the first of the promises made by him, which led to profit booking in assets with safe investment.
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