global Amid the strong market trend and new purchases by jewelers and retailers, gold prices rose again today. On Tuesday, the price of gold in the bullion market in the capital Delhi rose by Rs 200 to reach Rs 81,300 per 10 grams. All India Bullion Association has provided this information about the latest gold price. Let us tell you that yesterday i.e. Monday, the price of 99.9 per cent purity gold in Delhi touched Rs 81,100 per 10 grams after a huge drop of Rs 1,300 from the all-time high.
The price of silver also increased by Rs 1,800 per kg.
On Tuesday, along with gold, the price of silver also increased by Rs 1,800 to reach Rs 96,700 per kg. While on Monday, after a huge drop of Rs 4,600, the silver price closed at Rs 94,900 per kg. Today, the price of gold with 99.5 percent purity also increased by Rs 200 to Rs 80,900 per 10 gram, while on Monday its price closed at Rs 80,700 per 10 gram. Traders said gold prices have risen today due to increased demand from local jewelers and retailers in domestic markets.
Gold prices may continue to fluctuate throughout the week
Jatin Trivedi, vice president of research and analyst (commodities and currencies) at LKP Securities, said: “Furthermore, if the US Federal Reserve decides to cut interest rates on November 7, gold prices will see fluctuations throughout of the week”. that in international markets, gold futures on Comex rose by $1.50 per ounce or 0.05 percent, reaching $2,747.70 per ounce. In the Asian market, Comex silver futures rose 0.37 percent to $32.73 an ounce.
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