Gold Price Today: Gold became expensive for the second consecutive day, silver prices also increase, know today
Stockists The price of gold with 99.9 percent purity in the capital Delhi increased by Rs 250 to Rs 99,020 per 10 grams in the capital Delhi on Monday. On Friday, gold with 99.9 percent purity gained Rs 100 to close at Rs 98,770 per 10 grams. In Delhi today, gold with 99.5 percent purity also increased by Rs 250 to Rs 98,550 per 10 grams. In the last trading session, gold with 99.5 percent purity also rose by Rs 100 to Rs 98,300 per 10 grams.
Increase in the price of spot gold on Monday
On Monday, gold as well as silver prices also increased by Rs 500 to Rs 1,11,000 per kg. On Friday, the price of silver closed at Rs 1,10,500 per kg. Globally, the spot gold rose $ 15.16 or 0.45 percent to $ 3,365.56 an ounce. Soumil Gandhi, Senior Analyst (Commodity) of HDFC Securities, said, “Gold on Monday gained momentum between the uncertainty related to the US tariff policy and a decline in the US dollar, which supported the price of precious metals.”
American Federal Reserve President Geom Powell’s speech will be closely monitored
Saumil Gandhi said that traders will keep a close watch on the American trade agenda as well as the major American large economic figures, including provisional PMI figures, weekly unemployment claims and durable goods orders. In addition, silver spot in foreign markets rose 0.73 percent to $ 38.47 an ounce. Jatin Trivedi, Vice President (Commodity and Currency) of LKP Securities, Jatin Trivedi said, “Investors will keep a close watch on the direction of interest rates and the direction of bullion prices in the near future will keep a close watch on the US Federal Reserve President Jerom Powell’s speech.”
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