New Delhi: International gold prices have declined due to the strengthening of the US dollar. Gold fell to a 2-week low on Comex. Due to this, the price of gold has also gone down in the domestic market today. In the Delhi bullion market (Gold Rate Today) on Monday, the price of 10 grams of gold fell to the level of Rs 51000. On the other hand, silver prices declined by Rs 753 per kg. Let me tell you that gold reached a record high of 56,200 per 10 grams in August. Since then the prices have come down by Rs. 5500 per ten grams. Traders say the focus is now on the US relief package. U.S. House Speaker Nancy Pelosi said she is going to give another Coronavirus economic package before the November 3 election. Meanwhile, SPDR Gold Trust’s holdings in the world’s largest gold exchange-traded fund or gold ETF fell 0.14% to 1,263.80 tonnes on Friday.
New Gold Prices (Gold Price, 26 October 2020) – Gold prices fell by Rs 59 per 10 grams in the Delhi bullion market on Monday. In the capital Delhi, the new gold price has now come down to Rs 51,034 per 10 grams. Earlier in the day, gold had closed at Rs 51,093. Meanwhile, the price of gold in the international market has been 190 1901 per ounce.
According to market insiders, gold may rise again after Diwali (Gold Price in Diwali 2020). By the end of December, gold could reach its all-time high. Gold can be invested at every fall of Rs.500 to Rs.600. Experts say that after Diwali, gold can go from Rs 52,500 to Rs 53,000 per 10 grams.
New Silver Prices (Silver Price, 26 October 2020) – Speaking of silver, it also declined today. Today, in the Delhi bullion market, silver has become cheaper by Rs 51,093 per kg to Rs 51,093. Earlier, silver was trading at Rs 62,761 per kg. Speaking of the international market, the price of silver here was 24 24.26 per ounce.
