Gold Price: Due to the decrease in demand in the international market, the prices of gold and silver have seen a break. Let us know what was the rate of gold and silver…
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There was a huge break in the gold price on Friday. A significant decline was also recorded in the price of silver. A fall of Rs 710 per 10 grams was seen in the gold rate in the national capital. Due to this, the gold price came down to the level of Rs 60,970. In the previous session, the price of gold was Rs 61,680 per 10 grams. At the same time, the price of silver fell below the level of Rs 73,500 per kg.
Silver price fell by Rs 2,690
According to HDFC Securities, the price of silver saw a fall of Rs 2,690 per kg. Due to this, the price of silver in the spot market fell to Rs 73,445 per kg. In the previous session, the price of silver was at Rs 76,135 per kg.
HDFC Securities Senior Analyst (Commodities) Saumil Gandhi said, “Gold prices in Delhi markets fell by Rs 710 to Rs 60,970 per 10 grams.”
In the international market, the gold rate declined to the level of $ 2,009 per ounce. At the same time, the price of silver came down to the level of $ 24.10 per ounce.
importance of gold in india
India is one of the largest gold exporting countries. Gold gets a lot of importance in the country. People buy gold on every important occasion. That’s why everyone’s eyes are on the ups and downs in the price of gold.