Categories: Business

gold price up rs 340 per 10 gram silver up by rs 1306 per kg on global cues


gold and silver price today

new Delhi. Gold rose by Rs 340 to Rs 53,611 per 10 grams in the local bullion market on Monday amid strong trend in international markets. HDFC Securities gave this information. Gold had closed at Rs 53,271 per 10 gram in the previous trading session. Silver also rose by Rs 1,306 to Rs 69,820 per kg in the local bullion market. Silver had closed at Rs 68,514 per kg in the previous trading session. HDFC Securities Senior Analyst (Commodity) Tapan Patel said, "The spot price of 24 carat gold in Delhi rose by Rs 340. According to the trend of international markets, the brightness of gold also increased here. "

In the international market, gold rose to $ 1,954 an ounce. Silver, too, rose marginally to $ 26.81 an ounce. Patel said worries about global economic growth led to a rise in gold prices. Navneet Damani, vice-president (commodity market research), Motilal Oswal Financial Services, said that gold in the global commodity market in the coming days, between 1930-1965 USD an ounce amidst the Korana virus crisis, global economic conditions and continued tensions in Chinese-US trade relations. Could stay. The price in the domestic market is likely to be around 52000-52750 per ten grams.

This post was published on August 17, 2020 6:49 pm

Content Team

Recent Posts

Ban on gaming apps hopes for opportunity for domestic sector

Photo: MEDIATEK online gaming new Delhi. The government has banned 118 apps keeping in mind the security of the country.…

India august gold imports double to hit 8 months peak says source

Photo: TIMESOFINDIA gold import at 8 months high new Delhi. The economy is now looking forward to a gradual recovery.…

Coal India Q1 profit plunges 55 percent YoY

Photo: GOOGLE Coal India Q1 result new Delhi. Coal India's profit fell 55 per cent in the first quarter to…