Gold prices have been recorded today in Delhi Sarafa Bazar.
Gold Silver Price, 27 January 2021: Gold prices decreased in the domestic market today. At the same time, the price of silver (Silver Prices Today) also fell by just 256 rupees. According to experts, the price of gold remained stable in the international market today due to the waiting decisions of the US Federal Reserve regarding monetary policy.
- Last Updated:January 27, 2021 5:44 PM IS
New Gold Prices (Gold Price, 27 January 2021) – On Wednesday, the price of gold in Delhi Sarafa Bazar decreased by Rs 231 per 10 grams. In the capital Delhi (Delhi), the new price of gold of 99.9 grams purity has now gone up to Rs 48,421 per 10 grams. Earlier in the trading session, gold had closed at Rs 48,652 per 10 grams. At the same time, the price of gold in the international market remained stable today and it was at $ 1,850.50 an ounce.
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New Silver Prices (Silver Price, 27 January 2021) – Silver prices registered a slight rise on Wednesday. Silver prices rose by just Rs 256 per kg in Delhi Bullion Market today. Now its prices have reached Rs 65,614 per kg. In the international market, today the price of silver remained at yesterday’s level of $ 25.41 an ounce. Also read- IMF said, Indian Economy will overtake many countries including China! Will enter a record 11.50 percent growth rate
Why the drop in recorded gold – According to Navneet Damani, Vice President Commodities of Motilala Oswal Financial Services, gold prices remained stable in the international market today. Actually, the commodity market is awaiting decisions about the US Federal Reserve’s monetary policy. Investors are hoping for an incentive package to deal with the situation caused by the corona virus. In such a situation, there is no vicissitudes in their prices. Apart from this, now the distribution of corona vaccine and the boom in vaccination campaigns are also impacting the prices of precious metals. According to experts, there is a good opportunity to invest in gold at current prices as the price of precious yellow metal is expected to reach Rs 63,000 per 10 grams in 2021.