For the last few days, there is a continuous decline in the prices of gold and silver. In the country’s capital Delhi, there has been a drop in the prices of both gold and silver ranging from Rs 500 to Rs 450. On the other hand, pressure is being seen in the prices of gold and silver in the futures market as well. According to experts, there is a better chance to buy gold at present. In foreign markets too, pressure is being seen in the prices of precious metals. Let us also tell you how much the price of gold and silver has become in the country and abroad.
Gold and silver became cheaper in Delhi
The prices of both gold and silver have come down in the country’s capital Delhi. Gold has decreased by Rs 500 in the Delhi bullion market on Wednesday and the price has come down to Rs 60,580. A day ago, the price of gold in Delhi was Rs 61,080. On the other hand, a fall of Rs 450 has been seen in silver. After which the price of silver has come down to Rs 73,300. According to experts, the dollar index has strengthened a bit, due to which there has been an increase in the prices of gold and silver.
Gold cheap on MCX, silver expensive
Gold price on the Indian Future Market Multi Commodity Exchange is trading cheaper by Rs 133 at Rs 60,111 at 7.20 pm. According to statistics, gold also went up to Rs 60,080 during the trading session, which is expected to reach the level of 59 thousand. There is a rise in the price of silver. In the same period, silver is trading at Rs 72,698 with a gain of Rs 113. By the way, today silver also reached Rs 72,914. According to experts, it has seen more decline than gold, due to which it can see further increase in the coming days.
What are the prices going on in foreign markets
Gold futures in the Comex market of America are trading down by $ 8.40 at $ 1,984.60 an ounce. Gold spot is trading cheaper by $ 9.13 at $ 1,980.04 per ounce. Silver futures are trading flat at $23.70. At the same time, the price of silver spot is trading at $ 23.95 per ounce.