New Delhi: On Friday, the gold price rose in the Delhi bullion market. After the rise in the global market, the prices of yellow metal also rose in the domestic market on Friday. In addition to gold in the bullion market, silver prices have seen a rise. On the Multi-Commodity Exchange (MCX – Multi-Commodity Exchange), both precious metals are seeing a boom. Let’s know what the gold prices are on Friday …
What are the prices in the international market?
Talking about both metals in the international market, today there is also a boom. In the international market, gold was at $ 1,910 per ounce. However, silver was at $ 24.27 an oz.
New silver prices (Silver Price, 9th October 2020) – Silver prices also rose on Friday. Today, silver rose by Rs 376 per kg to Rs 62,775 per kg. The price of silver had closed at Rs 62,399 per kg on Thursday. Thus, the price of silver has increased by Rs 376 per kilogram today.
New gold prices (Gold Price, 9th October 2020) – On Friday, gold became costlier by Rs 236 per 10 grams in Delhi Bullion Market. After this, the new gold price reached Rs 51,558 per 10 gram level here. On Thursday, the price of gold had closed at Rs 51,322 per 10 grams after a day’s trading. Thus, during the day’s trading on Friday, it has increased by Rs 236 per 10 grams.
Why the price of gold and silver increased today?
HDFC Securities Senior Analyst Commodities Tapan Patel said that in the bullion market today, the price of spot gold of 24-carat purity has increased by Rs 236. Due to weakness in the dollar, uncertainty about the relief package in the US, and uncertainty in the US economy, both metals are seeing a boom. Today the international market was booming.
