look news india
Gold Price Today 28 October 2024: A decline in gold prices has been seen in the Indian bullion market ahead of Dhanteras amid weak signals from foreign markets. In the national capital, gold (99.9) fell by Rs 400 to Rs 81,100 per 10 grams.
Whereas Delhi gold (99.5) has fallen by Rs 400 to Rs 80700. Whereas the price of silver per kg in Delhi is stable at Rs 99,500.
- On Multi Commodity Exchange (MCX), December gold futures fell by Rs 312 to Rs 78,220. Whereas the December futures of silver fell by Rs 585 or 0.6 percent to Rs 96,549.
- There has been an overall decline in gold and silver in the international market. Globally, gold rose 0.38 percent to $2,744 an ounce. Whereas the price of silver per ounce has reached $33.57.
- US economic data raises strong expectations that the US Federal Reserve will ease monetary policy
- The increasing deficit in the US budget is also becoming a matter of concern, while the yield on US Treasuries has been falling continuously since July, which is having a positive impact on the price of gold.
- Meanwhile, the price of gold has fallen in Ahmedabad. While the price of silver remained stable. Ahmedabad Gold (99.9) price fell by Rs 600 to Rs 81,000 per 10 grams. While Ahmedabad gold (99.5) has fallen by Rs 600 to Rs 80,800. Whereas in Ahmedabad the price of silver remained stable at Rs 97,000.