Gold-Silver Price Today: The effect of increasing tension between the US and China on tariffs is being seen on the cake. According to the All India Bullion Association, the price of gold in India rose by Rs 6,250 on Friday. With this, the price of 10 grams of gold in the national capital Delhi has reached its high level of Rs 96,450 so far.
Gold reached high level after four days of decline
According to the report of the news agency PTI, the price of gold with 99.5 percent purity has reached Rs 96,000 per 10 grams after four days fall, while it was closing at Rs 89,750 on Wednesday. This is the most high level ever. At the same time, if we talk about gold with 99.9 percent purity, then its price has also increased. Today its price has closed at Rs 96,450 against the previous day’s Rs 90,200.
The price of silver also increased with gold
The price of silver with gold has also increased. It has reached Rs 95,500 per kg with a rise of Rs 2,300, while before that it was closing at Rs 93,200. This reflects the boom in gold demand in the global market. Please tell that on the occasion of Mahavir Jayanti, domestic bullion markets remained closed on Thursday.
In futures trading on MCX, the price of a June delivery gold contract rose by Rs 1,703 to a new high level of Rs 93,736 per 10 grams. Jatin Trivedi, VP Research Analyst at LKP Securities, told TOI, “The price of gold is increasing despite increasing geopolitical uncertainty and increasing tariff war between the US and China.
Gold price increases in international market too
At the international level, the spot gold touched a level of $ 3,237.39 an ounce. The price of gold was also seen in Asian markets. Comex gold futures rose to a record level of $ 3,249.16 an ounce in the Asian market. This is a sign of increasing demand for gold in search of safe investment.
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