Gold Price Today on 15 April 2024 : In line with the strengthening trend in the global markets, gold (Gold Rate Today) rose by Rs 300 to Rs 73,050 per 10 grams in the bullion market of the national capital on Monday. HDFC Securities gave this information. Earlier in the trading session, gold had closed at the level of Rs 72,750 per 10 grams. The price of silver (Silver Price Today) also increased by Rs 500 and reached the level of Rs 85,700 per kg. Earlier in the trading session, it had closed at Rs 85,200 per kg.
24 carat gold price
Saumil Gandhi, Senior Analyst (Commodity), HDFC Securities, said, “Taking positive cues from overseas markets, the spot price of gold (24 carat) is trading at Rs 73,050 per 10 grams in Delhi markets, which is higher than the previous closing price.” Shows an increase of Rs 300. Spot gold in the international market, Comex, was trading at $ 2,355 an ounce, which is $ 12 more than the previous closing price. Gold resumed trading with a positive trend mainly due to safe-haven buying after the conflict between Iran and Israel escalated over the weekend. Gandhi said that Iran’s attack on Israel reduced investors’ interest in risky assets and increased demand for safe assets like bullion. Apart from this, silver is also trading rapidly at $ 28.25 an ounce. In the last session it had closed at $ 27.84 an ounce.
Will keep an eye on these figures
According to market analysts, recent US inflation data has reduced the chances of an interest rate cut by the US Federal Reserve in June. Navneet Damani, Senior Vice President, Commodity Research, Motilal Oswal Financial Services said, “Investors will focus on EU IIP (Index of Industrial Production) and US retail sales data to be released on Monday which will provide further direction to bullion prices. “
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