In the bullion market of the national capital, the continuation of gold from the last seven trading sessions on Tuesday stopped and yellow metal prices rose by Rs 1,200 to Rs 98,670 per 10 grams. The All India Bullion Association gave this information. The price of gold with 99.9 percent purity was Rs 97,470 per 10 grams on Monday.
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Gold prices were recorded after the seventh consecutive session decline and gold of 99.5 percent purity rose by Rs 1,100 to Rs 98,150 per 10 grams (including all taxes). It closed at Rs 97,050 per 10 grams in the last trading session.
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Chintan Mehta, Chief Executive Officer (CEO) of Abson Financial Services, said that the US dollar has made gold more attractive due to concerns over the concerns of American fiscal deficit concerns and the proposed tax-cut and expenditure on President Donald Trump’s proposed tax-cut and expenditure bill.
Apart from this, silver prices rose by Rs 2,000 to Rs 1,04,800 per kg (including all taxes) on Tuesday. The price of silver closed at Rs 1,02,800 per kg on Monday. On the global front, the spot gold rose $ 44.01 or 1.33 percent to $ 3,346.92 an ounce. Edited by: Sudhir Sharma
