Gold Rate: There is good news for those buying gold before Diwali. A decline in gold prices has been recorded for the second consecutive day in Delhi. After Thursday, a big fall in the price of gold was also seen on Friday, due to which its price has come down from the record level to Rs 1,450. Besides, the price of silver has also decreased. There has been a fall of Rs 3,000, after which the price of silver in Delhi has reached below Rs 1 lakh. According to experts, gold and silver prices have fallen due to profit-booking and weak demand in the international markets. Let us know what are the prices of gold and silver now in Delhi.
also read: By including this thing in Diwali puja, there will be no shortage of money throughout the year.
gold and silver price in rajasthan
There is an old tradition of buying gold and silver jewelery before Diwali, especially on the day of Dhanteras (29 October), people definitely buy jewellery. This time, four days before Dhanteras, gold prices have become stable, which is a good news. The price of silver has also fallen by Rs 1200 per kg. For those who are planning to buy gold and silver jewelery before Diwali, this is a great opportunity for them. There was a record rise in the price of gold three days ago, which has now been declining for the last two days. Silver had also reached Rs 1 lakh 2 thousand per kg three days ago, which has now come down to Rs 99 thousand per kg.
Delhi gold and silver became cheaper
Due to slow demand from jewelers and retailers, the price of gold fell by Rs 1,150 on Friday in the bullion market of the national capital Delhi, taking its price to Rs 80,050 per 10 grams. The price of gold of 99.5 percent purity fell by Rs 350 to Rs 80,450 per 10 grams, which was earlier Rs 80,800 per 10 grams. At the same time, the price of gold of 99.9 percent purity fell by Rs 1,150 to Rs 80,050 per 10 grams, whereas on Thursday it was Rs 81,200 per 10 grams.
Silver prices also witnessed selling pressure, falling by Rs 2,000 to below Rs 1 lakh at Rs 99,000 per kg. On Thursday, silver had closed at Rs 1.01 lakh per kg. Silver prices have fallen by a total of Rs 3,000 in the last two days, of which a decline of Rs 1,000 was seen on Thursday. Traders say that this has affected the prices of gold and silver due to weak demand from jewelers and retailers in the local market and weak trend in the international markets.
Gold and silver prices on MCX
There was a slight increase in the prices of gold and silver on the Multi Commodity Exchange. On the last trading day on Friday, gold closed with a rise of Rs 205 at Rs 78,532, while during the session it reached Rs 78,580. At the same time, silver closed at Rs 97,134 per kg with a gain of Rs 102, while its highest level during the day was Rs 98,069. Globally, in the commodity market, gold futures fell by $ 15.90 an ounce (0.58 percent) to $ 2,733 an ounce, while in the Asian market, silver fell by 1.39 percent to close at $ 33.33 an ounce.