The price of gold is continuously increasing. In the month of March itself, an increase of five thousand rupees has been recorded in the price of gold. Gold prices increased by Rs 70 per 10 grams in the trading session, taking the price of gold to Rs 66,320 per 10 grams in the bullion market of the national capital on Wednesday. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 66,250 per 10 grams. The price of silver is also Rs. 150 to Rs. It had closed at Rs 76,650 per kg. In the last trading session it was Rs. It had closed at Rs 77,500 per kg.
Why are gold prices increasing?
According to the information, a senior analyst of HDFC Securities said that the spot price of gold per 10 grams (24 carat) in Delhi markets is Rs. Down from the previous closing price of Rs 66,320. Was 70 years old. Is fast. Gold prices increased in the domestic market due to weakening of the rupee, but demand remained weak.
Rise in gold and silver in international market
There has been a slight increase in the prices of gold and silver in the international market. Gold was up $0.75 an ounce, or 0.04 percent, at $2,160 a barrel. At the same time, silver is trading almost flat and is unchanged at $ 25.148 an ounce. Monetary policy is to be announced today by the US central bank Fed. Earlier, gold and silver were traded in a limited range.