Gold became expensive again on Friday. The price of gold increased by Rs 100 to Rs 98,770 per 10 grams in the national capital Delhi. However, there was no reshuffle in the price of silver amidst a strong trend in international markets. According to PTI news, the price of gold with 99.5 percent purity also rose by Rs 100 to Rs 98,300 per 10 grams (including all taxes) on Friday, while in the last session it closed at Rs 98,200 per 10 grams. On Thursday, gold with 99.9 percent purity closed at Rs 98,670 per 10 grams.
How much is the price of silver
According to the news, the All India Bullion Association said that no change in silver prices was seen today. On Friday, the price of silver continued to trade at Rs 1,10,500 per kg (including all taxes). On the other hand, gold and silver strengthened in the international market. Globally, Spot Gold rose by US $ 12.38, or 0.37 percent to $ 3,351.53 an ounce. Comax Gold crossed the $ 3,350 level. At the same time, spot silver in global markets increased by 0.64 percent to $ 38.38 an ounce.
What do experts say?
VP Research Analyst in LKP Securities-Commodity and Currency, Jatin Trivedi said gold prices rose due to minor weakness in the dollar index and new restrictions on Russia by the European Union (especially about oil trade) by the European Union. This increased the demand for safe-hevan assets. Senior analyst in HDFC Securities – Commodities, Soumil Gandhi said that traders are now waiting for America’s macroeconomic data, including ‘early Miching Consumer Avoidance’ and ‘expectations of inflation’. These figures will help in determining the direction of the bullion market.
Gold became expensive by about ₹ 33,000 – ₹ 35,000 this year
If you look at the prices of gold, then in the beginning of January 2025 this year, the price of 10 grams of 24 carat gold in Delhi was about ₹ 63,000 – ₹ 65,000. In July 2025, the price of gold has increased to ₹ 98,770 /10 grams. That is, so far this year (January to July 2025) gold has become about ₹ 33,000 – ₹ 35,000 per 10 grams.
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