Due to weakness and profits in global markets, gold fell by Rs 400 to Rs 91,250 per 10 grams in the bullion market of the national capital Delhi. The All India Bullion Association gave this information.
Gold prices in India today
Gold price in Bangalore Gold Price In Chennai Gold Price In Delhi Gold Price In Hyderabad Gold Price in Hyderabad Gold price in Mumbai 22 carat ₹ 82,750 ₹ 82,850 ₹ 82,850 ₹ 82,700 ₹ 82,700 ₹ 82,700 24 Carat ₹ 90,370,370,370,370,370,370,370,370,370 ₹ 90,220 ₹ 90,220 ₹ 90,220
On Wednesday, gold with 99.9 percent purity closed at Rs 91,650 per 10 grams. At the same time, gold with 99.5 percent purity fell by Rs 400 to close at Rs 90,800 per 10 grams, which closed at Rs 91,200 per 10 grams a day earlier. “Gold prices fell due to HDFC Securities Senior Commodity Analyst Sumil Gandhi,” Gold prices declined due to profits and strengthening of the dollar. “
The precious metal declined following a comment on the slow growth rate and inflation by the US Federal Reserve head Geom Powell. Silver also fell by Rs 1,700 to Rs 1,00,300 per kg, with a decline for the second consecutive day. It closed at Rs 1.02 lakh per kg on Thursday.
In the international market, gold spot fell by $ 12.15 to $ 3,032.75 an ounce. Comex gold futures fell 0.24 percent to $ 3,036.60 an ounce. Kayanat Chanwala, Assistant Vice President (Commodity Research) of Kotak Securities, said, “Comex gold is below $ 3,040 an ounce.”
However, this rapid decline may be limited, as the demand for safe investment is inspired by the potential impact of tariffs imposed by US President Donald Trump and concerns related to stressful geopolitical status in West Asia. He said, “The market remains unstable after Trump recently said that comprehensive retaliatory tariffs and some additional field-specific fees will be effective from April 2.”