Due to the stability of the dollar, gold prices have increased in Indian markets today, silver prices have increased more than 2000 rupees in just 2 days.
Today, gold prices in Indian markets have increased after five consecutive days of decline due to the stable dollar. At the same time, silver prices have risen by more than Rs 2000 in just 2 days. Today, the price of spot gold in India is Rs 48,819 per 10 grams. At the same time, futures gold has also gained momentum on the Multiple Commodity Exchange (MCX). The futures gold (Gold Futures) to be delivered on February 5 on MCX opened at Rs 48,624 per 10 grams.
Gold prices rose as the day went up and at 10.30 am it was trading up by 0.30% i.e. Rs 148 to trade at Rs 48,772 per 10 grams. There was a tremendous boom in silver works today. Silver opened up sharply today at Rs 68,641 per kg and is now trading up by 1.28%, ie Rs 862, at Rs 68457 per kg. Let us tell you that in the previous session i.e. Thursday, gold closed down by 0.5%. However, silver closed up 1.8%.
Gold Price Today: Gold slipped today, silver fell by just Rs 146, see new rate quickly
Spot gold prices rise in bullion markets
Spot gold has gained momentum in Indian bullion markets today. Today 24 karat gold is trading at Rs 52130 in the capital Delhi. The price of 22 carat gold is Rs 47,790 per 10 grams. At the same time, the price of 24 carat gold in Mumbai is Rs 48,790 and 22 carat gold is trading at Rs 47,790. Cheapest gold is being sold in South Indian cities. The price of 22 carat gold in Mysore, Vijayawada, Visakhapatnam and Bengaluru is Rs 45,640.
Prices Stagnant in Global Markets
Today, spot gold prices in international markets remained stable. At the same time, US futures gold saw a gain of 0.1%. Spot Gold today trades at $ 1,840.91 an ounce. At the same time, futures gold is trading at $ 1,839.70 an ounce on Comex. The silver prices have declined today in the global markets and are trading 0.7% down at $ 26.18 an ounce. Traders are staring at the relief package in the US. At the same time, the budget of 2021 is also waiting in India.