Gold latest price: Due to the rise in rupee against the dollar, today pressure is being seen on the price of gold. In the international market too, gold is in the red mark. On Thursday, gold became costlier by Rs 177 in the Delhi bullion market.
Gold Silver rate: On the last day of the week, there is pressure on the price of gold in the international market, due to which gold is trading in the red mark on MCX even in the domestic market. Gold for delivery in August on MCX at 10.40 am was trading at Rs 48325 with a fall of Rs 75. On Thursday it closed at the level of 48400. Gold for delivery in October was currently trading at Rs 48603 per ten grams with a fall of Rs 72.
At this time, the price of silver delivered on MCX (Silver price today) is seeing a rise. Silver for September delivery was trading higher by Rs 150 at Rs 69831 per kg. Similarly, silver for December delivery was trading higher by Rs 214 at Rs 71076 per kg. Gold was down 0.11 per cent at the level of $ 1,827.05 per ounce in the international market today, after three consecutive days. Silver is seeing a rise and it was trading at a level of $ 26.453 per ounce with a gain of 0.22 percent.
There was a jump in gold and silver in the bullion market on Thursday
In early trade, the rupee rose by two paise to open at 74.52 against the dollar. On Thursday, gold rose by Rs 177 and silver by Rs 83 in the Delhi bullion market. With the increase, the closing price of gold was Rs 47,443 per ten grams (Gold latest price) and silver was Rs 68,277 per kg (Silver latest price). According to the information available on the website of Indian Bullion Jewelers Association ie IBJA, the closing price of 24 carat gold on Thursday was Rs 48424 per ten grams. The price of silver was Rs 69233.
Pressure on dollar and fall in crude oil
At present, the dollar index is in the red mark. It is at the level of 92.593. This index shows how strong the dollar is against the world’s six major currencies. US bond yields are seeing an uptrend today. After falling in two consecutive trading sessions, today it is up by 1.80 percent at the level of 1.320 percent. Crude oil continues to fall for the third consecutive day. At this time it was down by 0.04 percent at the level of $ 73.44 per barrel.
