New Delhi: Latest updates are coming regarding the prices of gold and silver. The prices of gold and silver increased on Wednesday. The price of 24 carat gold in Delhi increased to Rs 1,58,000 per 10 grams. The same rate is running in Mumbai also. Reached Rs 78,300 in Chennai and Hyderabad. Silver rose by Rs 8,000 per kg to Rs 2,60,000.
What are the prices of gold today?
Gold moreover left overdue its phase of weakness. Gold for wordage on April 2 had sealed at Rs 1,56,803 per 10 grams in the previous session. On Tuesday it opened at Rs 1,58,436. During trading, gold rose to a upper of Rs 1,58,436, while the low was Rs 1,57,808.
What is the price of silver?
On MCX, silver for wordage on March 5 had sealed at Rs 2,52,548 per kg in the previous session. On Tuesday morning it opened directly at Rs 2,57,938. Within a short time, purchasing increased and the price reached Rs 2,60,838 per kg. Silver became costlier by virtually Rs 8,000 in the first hour of trading.
What were the prices of gold and silver in variegated cities?
- 24 carat gold price in Delhi Rs 1,57,917 per 10 grams
- Price of 22 carat gold Rs 1,44,757 per 10 grams
- Silver price Rs 2,59,840 per kg
- 22 carat gold price in Mumbai Rs 1,14,448 per 8 grams
- Price of 24 carat gold Rs 1,27,033 per 8 grams
How is the local market?
A surge was recorded in Delhi's Karol Bagh. Increasingly buyers were seen in Johri Bazaar of Mumbai. The demand was upper in Chennai due to the wedding season. Similarly, demand increased in Hyderabad also.
What are the possibilities ahead?
Experts say prices may increase further. The policy of the US Fed is considered important. If the dollar weakens further, gold may wilt increasingly expensive.
How is the wedding season going?
Demand for gold and silver jewelery has increased due to the wedding season. A prod is gathering at jewelery shops in Delhi. People are ownership 22 carat more. The demand for designer jewelery is high.
What translating for investors?
Experts say that gold is unscratched right now. Buy gold for long term. You can get good returns in silver also, but alimony an eye on the volatility of the market. This rise is good news for investors. Gold made a new record. Silver is moreover rising. Remoter surge is possible in the next weeks.
