Gold prices declined on Tuesday
Gold Price: Gold rose by Rs 500 to Rs 99,000 per 10 grams in the bullion market of the country’s capital Delhi on Wednesday amidst a strong trend in foreign markets. The All India Bullion Association gave this information. Let us tell you that on Tuesday, gold with 99.9 percent purity in Delhi fell by Rs 800 to close at Rs 98,500 per 10 grams. On Wednesday, along with gold of 99.9 percent purity, gold with 99.5 percent purity also rose by Rs 500 to Rs 98,500 per 10 grams (including all taxes).
Gold prices increased for 4 consecutive days
Let us tell you that from Wednesday to Monday week, gold prices were seen for 4 consecutive days from Wednesday to this week. In these 4 days, gold prices were recorded at Rs 2760 per 10 grams. Today, along with gold, the price of silver also increased by Rs 1000 to Rs 1,00,000 per kg. In the last trading session, silver on Tuesday closed Rs 1370 to close at Rs 99,000 per kg. On Monday this week, the price of silver rose by Rs 1170 to close at Rs 1,00,370 per kg.
Increase in spot gold also recorded
In the global market, today the spot gold increased by $ 23.16 an ounce or 0.7 percent to $ 3323.87 an ounce. Commodity Research Analyst Kayanat Chanwala in Kotak Securities said, “Gold prices increased, as the market was waiting for the comments of the officials of the US Federal Reserve for the details of the meeting of FOMC (Federal Open Market Committee) and further policy indications. The trend can be seen.
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