Gold-Silver Price: Gold is expensive due to buying, the rise in silver too, know what are the feelings …

Delhi bullion market: Gold price increased by Rs 550 to Rs 99,300 per 10 grams (including all taxes) on Monday due to the continuous buying of jewelery vendors and retailers. The price of gold with 99.9 percent purity was closed at Rs 98,750 per 10 grams on Friday. At the same time, the price of silver also increased by Rs 1,170 to Rs 1,00,370 per kg (including all taxes). It closed at Rs 99,200 per kg in the last trading session.

The All India Bullion Association gave this information. The price of gold with 99.9 percent purity was closed at Rs 98,750 per 10 grams on Friday. Gold prices have increased by Rs 2,760 per 10 grams from Wednesday last week. On Monday, gold with 99.5 percent purity increased by Rs 500 to Rs 98,800 per 10 grams (including all taxes).

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Also, silver increased by Rs 1,170 to Rs 1,00,370 per kg (including all taxes). It closed at Rs 99,200 per kg in the last trading session. Meanwhile, gold in foreign markets fell by $ 24.83 an ounce or 0.74 percent to $ 3,332.59 an ounce.

The vice-president of Mehta Ecuviums Limited-Jins Rahul Kalantri said, “After postponing the deadline for President Donald Trump to impose a 50 percent fee on European Union goods till July 9, the demand for a safe-investment option led to a decline in gold prices in international markets.

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According to Soumil Gandhi, Senior Analyst of HDFC Securities, Soumil Gandhi, investors will wait for the details of the meeting of the US Federal Reserve (Federal Open Market Committee) of the US Federal Reserve for further indications about the possible interest rate-cutting, which will be released on Wednesday (language)
Edited by: Chetan Gour