silver price record After reaching a high, it has started falling. Today again the price of silver fell by Rs 500 to Rs 95,500 per kg. On Thursday it fell by Rs 1,100 to close at Rs 96,000 per kg. However, in line with the strong trend in the international markets, gold rose by Rs 50 to Rs 72,900 per 10 grams on Friday in the bullion market of the national capital. In the previous trading session, gold closed at Rs 72,850 per 10 grams.
Slight rise in gold prices
“The price of spot gold (24 carat) in Delhi markets was Rs 72,900 per 10 grams, which is Rs 50 more than the previous close,” said Saumil Gandhi, Senior Analyst, Commodities, HDFC Securities. In foreign markets, spot gold was at $ 2,341 an ounce in Comex, which is two dollars more than the previous close. Gandhi said that gold rose slightly on Friday. The reason for this is disappointment over the first quarter GDP data in the US, which indicates a slowdown in the economy. However, the price of silver remained at $ 31.20 an ounce. In the last trading session, it closed at $ 31.65 an ounce.
Due to this the price is stuck in the range
Pranav Mer, Vice President (Commodity & Currency) Research, JM Financial, said, “Gold prices have remained stuck in a range so far this week. This is due to the much-awaited US personal consumption expenditure (PCE) data which will be released today.”
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