global Amid the strong market trend and fresh purchases by jewelers and retailers, gold prices once again witnessed a rise today. On Tuesday, the price of gold in the bullion market of the capital Delhi increased by Rs 200 to reach Rs 81,300 per 10 grams. All India Bullion Association has given this information regarding the latest price of gold. Let us tell you that yesterday i.e. on Monday, the price of gold of 99.9 percent purity in Delhi reached Rs 81,100 per 10 grams after a huge fall of Rs 1300 from the record high.
Silver price also increased by Rs 1800 per kg
On Tuesday, along with gold, the price of silver also increased by Rs 1800 to reach Rs 96,700 per kg. Whereas on Monday, after a big fall of Rs 4600, the price of silver closed at Rs 94,900 per kg. Today, the price of gold of 99.5 percent purity also increased by Rs 200 to Rs 80,900 per 10 grams, whereas on Monday its price had closed at Rs 80,700 per 10 grams. Traders said that gold prices have increased today due to increase in demand by local jewelers and retailers in the domestic markets.
Gold prices may continue to fluctuate throughout the week
Jatin Trivedi, Vice President Research Analyst (Commodity and Currency), LKP Securities, said, “Also, if the US Federal Reserve decides to cut interest rates on November 7, then gold prices will see fluctuations throughout the week.” Let us tell you that in the international markets, Comex gold futures rose by $ 1.50 an ounce or 0.05 percent to reach $ 2,747.70 an ounce. In the Asian market, Comex silver futures were trading 0.37 percent higher at $ 32.73 an ounce.
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