Gold Price Today: Gold became expensive for the third consecutive day, silver also increased price
Gold Rate Today: Gold prices have been recorded for the third consecutive day today. On Thursday, the price of 99.9 percent purity in Delhi’s bullion market increased by Rs 450 to Rs 99,620 per 10 grams. On Wednesday, its price rose by Rs 500 to Rs 99,170 per 10 grams, while gold increased by Rs 1200 to Rs 98,670 per 10 grams on Tuesday. Apart from this, today the price of gold with 99.5 percent purity also increased by Rs 400 to Rs 99,000 per 10 grams. On Wednesday, it closed at Rs 98,600 per 10 grams.
Silver price also increased
With gold, the price of silver today also increased by Rs 1000 to Rs 1,05,800 per kg. On Wednesday, the price of silver was stable at Rs 1,04,800 per kg without any change. “Gold and silver continued to rise after the Vice President (Commodity) of Mehta Equality, Rahul Kal Minister said,” Dollars came to a new lower level of 3.5 years and the US bond yield to two months low of the US bond yield. ” In addition, concerns about the deadline for the US trade fee on 9 July also supported it. If the trade agreement is not finalized in time, high fees may promote instability in global financial markets, which will be helpful for bullion prices. ”
Decline in spot gold
On the global front, the spot gold declined by $ 8.21 or 0.24 percent to $ 3,348.89 an ounce. Jatin Trivedi, Vice President of LKP Securities, Research Analyst (Commodity and Currency) Jatin Trivedi said, “Investors will be waiting for the important American large economic data released in the day today, including non-Krishi parole (NFP) and unemployment data, which can provide new directions and barafas in future.”
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