price of gold and silver
Gold Rate Today: Despite the rise in the dollar, gold prices have increased in the domestic and global markets this week. On Friday, the last trading day of the week, the futures price of gold on MCX exchange closed at Rs 79,019 per 10 grams. This week an increase of 0.80 percent has been recorded in the price of gold. At the same time, in the international market, the price of gold on Comex closed at $ 2,748.70 per ounce. At the same time, the gold spot closed at $ 2,701.55 an ounce. Globally, gold prices have increased by 0.50 percent this week.
spot price of gold
Talking about the bullion market of the national capital Delhi, the price of gold jumped by Rs 700 on Friday and reached close to the record high of Rs 82,000 per 10 grams. The price of gold of 99.5 percent purity increased by Rs 700 to Rs 81,600 per 10 grams. Traders said that despite the weak trend in the international markets, there was a rise in the precious metal in the domestic market, mainly due to higher demand from jewelers.
fall in silver
Apart from gold, a decline has been seen in the prices of silver. On Friday, the last trading day of the week on MCX exchange, silver for delivery on March 5, 2025 closed at Rs 91,504 per kg, down 0.11 per cent or Rs 98. At the same time, on Friday, the domestic spot price of silver decreased by Rs 500 to Rs 93,500 per kg.
global prices of gold and silver
Globally, Comex gold futures fell by $ 21.10 an ounce to $ 2,729.80 an ounce. Kainat Chainwala, assistant vice president (commodity research) at Kotak Securities, said, “Gold fell slightly below $ 2,750 an ounce ahead of US housing and industrial production data.” Additionally, Comex silver futures were up 1.47 percent in the Asian market. It fell to $31.26 an ounce.
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