Gold Price Today on 9th August 2024 : Gold prices have risen on Friday, the last trading day of the week. In the country’s capital Delhi, the price of gold rose by Rs 1100 to Rs 72,450 per 10 grams on Friday. Gold prices have risen today due to rising domestic demand and signals from the global market. In the previous session, gold closed at Rs 71,350 per 10 grams. At the same time, gold of 99.5 percent purity jumped by Rs 1100 to reach Rs 72,100 per 10 grams. It closed at Rs 71,000 per 10 grams in the previous session. According to traders, gold prices have risen due to fresh demand from local jewelers and rise in the international market.
Silver also rose
Along with gold, domestic spot prices of silver have also increased. On Friday, the price of silver rose by Rs 1400 to Rs 82,500 per kg. In the last session, silver had closed at Rs 81,100 per kg. All India Sarafa Association has given this information.
gold and silver futures price
The domestic futures price of gold was seen trading with gains on Friday evening. On the MCX exchange, gold for delivery on October 4, 2024 was seen trading at Rs 69,846 per 10 grams with a gain of 0.20 percent or Rs 142. At the same time, silver for delivery on September 5, 2024 was seen trading at Rs 80,327 per kg with a decline of 0.35 percent or Rs 286.
Gold and silver globally
On the global front, Comex gold was quoted at $2,468.90 an ounce, up $5.60 an ounce from the previous day. Experts said the rise in gold prices came despite a strong dollar and rising bond yields, driven by a rally in the broader market. “The metal rallied even after China’s central bank refrained from buying gold for the third consecutive month,” said Kaynat Chainwala, AVP, Commodity Research at Kotak Securities. In the international markets, Comex silver was marginally down at $27.60 an ounce.
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