Gold Price Today on 21st June 2024 : Gold prices on Friday rose by Rs 800 to Rs 73,350 per 10 grams in the national capital’s bullion market amid a rise in the prices of precious metals in international markets. Gold closed at Rs 72,550 per 10 grams in the previous trading session. Silver prices also rose by Rs 1,400 for the fourth consecutive day to Rs 93,700 per kg. It closed at Rs 92,300 per kg in the previous trading session. HDFC Securities research analyst Saumil Gandhi said, “Spot gold (24 carat) prices in Delhi markets stood at Rs 73,350 per 10 grams. This is Rs 800 more than the previous closing price. “
Global price of gold and silver
Spot gold was trading at $2,360 an ounce on the international commodity market Comex, which is $28 higher than the previous close. Gandhi said that the reason for the rise in gold prices on Friday is the weaker-than-expected macroeconomic data in the US. This has increased the possibility that the US Federal Reserve will cut interest rates at least twice in the year 2024. Silver was also quoted higher at $30.40 an ounce. On Thursday, it closed at $30.15 an ounce.
gold and silver futures prices
Domestic futures prices of gold saw a decline on Friday. On the MCX exchange, the price of gold for delivery on August 5, 2024 was seen trading at Rs 72,387 per 10 grams on Friday evening, down by 0.27 percent or Rs 199. At the same time, silver for delivery on July 5, 2024 was seen trading at Rs 90,343 per kg, down by 1.44 percent or Rs 1322. At the same time, silver for delivery on September 5, 2024 was seen trading at Rs 92,364 per kg, down by 1.59 percent or Rs 1489.
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