Gold Rate Today: The price of 99.9 percent purity in the capital Delhi fell by Rs 200 to Rs 99,370 per 10 grams due to fresh selling of stockists. On Monday, gold with 99.9 percent purity gained Rs 200 to close at Rs 99,570 per 10 grams. Apart from this, gold of 99.5 percent purity also fell by Rs 200 to Rs 98,800 per 10 grams today, while on Monday it also rose by Rs 200 to Rs 99,000 per 10 grams.
Silver price recorded on Tuesday
However, today there was a huge decline in silver prices. On Tuesday, silver fell by Rs 3000 to Rs 1,12,000 per kg. On Monday, silver prices rose to Rs 1,15,000 per kg lifetime high with a rage of Rs 5000. The Rahul Kal Minister of Mehta Equality said, “Gold and silver saw huge ups and downs during the day, initially there was a boom, but later they came down from their highest level with a jump in the US dollar index.”
Why the fall in gold prices today
The Rahul Kalant further said that investors decided to make profit booking before the important US inflation data to be released later during the day to detect the direction of bullion prices. Meanwhile, gold in international markets increased by $ 20.62 or 0.62 percent to $ 3,364.14 an ounce. Chintan Mehta, CEO of Abson Financial Services, said, “Gold remains in a limited scope despite increasing geopolitical and business tension. There has been a slight increase in demand for safe investment after President Donald Trump announced a 30 percent tariff on imports from Mexico and European Union, although the expectations of negotiations have limited a rapid growth.”
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