Sunday , November 24 2024

Stability in domestic gold and silver, slow decline in global markets

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Despite geopolitical tensions persisting, global bullion markets softened due to the strengthening of the dollar. On the other hand, at the local level, gold and silver prices remained stable in the absence of any rally.

Indian dealers have started charging a premium on physical gold after a gap of two months in anticipation of the festive rush. Dealers are charging a premium of $3 per ounce on gold. Whereas demand in China is still low. 24 carat gold per 10 grams in ahmedabad. 78,500 and 22 carat gold is Rs. 78,300 per 10 grams. Similarly, the price of silver is also Rs 100. The item was fixed at Rs 91,500 per kg. In global markets, gold rose to $ 2,652 an ounce as against $ 2,660. Silver fell from $31.36 to $31.14 an ounce.

December gold futures on Szhrat were priced at Rs. Below Rs 12. ₹46,046 per 10 grams. Silver December contract Rs. Below Rs 167. 90,736 per kilogram. Comex gold was trading up by $7.40 at $2,673 an ounce in global markets late Tuesday night. Also, Comex silver is trading up 7 cents at $31.39.