Business News Desk – Gold and silver prices have started rising once again. There is a boom in the commodity market, while the bullion market is also seeing a boom. Especially silver has seen a big rise. In the futures market today, gold rose by Rs 72 to reach Rs 71,989 per 10 grams. Its previous closing price was at 71,917. Silver was trading with a jump of Rs 215 during this period. Silver was at the level of Rs 85,171. In the last session, it closed at 84,956.
What are the prices of gold and silver in the market
In the bullion market, gold saw a rise of Rs 500, while silver climbed directly by Rs 1,000. On Thursday, the price of gold in the national capital rose by Rs 500 to Rs 74,100 per 10 grams due to fresh demand from jewelers amid a strong trend in foreign markets. On Wednesday, gold closed at Rs 73,600 per 10 grams. According to the All India Sarafa Association, the price of silver also rose by Rs 1,000 to close at Rs 84,600 per kg. Silver rose due to increased demand from industrial units and coin makers. In the last trading session, silver closed at Rs 83,600 per kg.
The price of 99.5 per cent pure gold rose by Rs 500 to Rs 73,750 per 10 gram from Rs 73,250 per 10 gram in the previous trading session. Domestic traders attributed the rise in gold prices to a firm trend in the international markets, which had a positive impact on market sentiment and increased buying by local jewellers.
