Gold prices rise for fourth consecutive day
Gold Price: Non-stop purchases of jewelers and retailers increased the price of 99.9 percent purity in Delhi’s bullion market on Monday to Rs 550 to Rs 99,300 per 10 grams. The All India Bullion Association gave this information. Let us tell you that gold prices have been recorded on the fourth consecutive day today. On Friday, the price of gold with 99.9 percent purity rose by Rs 100 to close at Rs 98,750 per 10 grams. Since last week, gold prices have been increased by Rs 2760 per 10 grams so far.
Once again silver price reached 1 lakh
Along with gold of 99.9 percent purity, gold with 99.5 percent purity also increased by Rs 500 to Rs 98,800 per 10 grams. Along with gold, the price of silver today also increased by Rs 1170 to Rs 1,00,370 per kg (including all taxes). On Friday last week, the price of silver fell by Rs 2000 to Rs 99,200 per kg. Meanwhile, gold in foreign markets fell by $ 24.83 an ounce or 0.74 percent to $ 3332.59 an ounce.
Gold prices fall in international market
The Vice President (Commodity) of Mehta Ecuviums Limited, Rahul Kal Minister said, “After postponing the deadline for the post-independent option by President Donald Trump, the demand for a bullion has declined due to the weakening demand for a bullion option after postponing the deadline till July 9.” Accordingly, investors will wait for the details of the meeting of the US Federal Reserve (Federal Open Market Committee) of the US Federal Reserve (Federal Open Market Committee) for further indications about possible interest rate-cutting, which will be released on Wednesday.
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