Gold Price Today: Gold and silver prices rise marginally
Gold-silver prices have seen an increase today, although if compared to last year, the rates of gold (Gold Price Today) are showing a decline of about 11500 thousand rupees. That is, gold has become much cheaper this year than last year.
Talking about the international market, here too, there is a boom in gold rates. In the US, gold is trading up by $ 4.16 at a rate of $ 1,735.93 an ounce. At the same time, silver is trading down by $ 0.01 at the level of $ 26.19.
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24 carat gold price in metros The price of 24 carat gold in the country’s capital Delhi is Rs 48150 per 10 grams. Apart from this, it is trading at a level of Rs 46100 in Chennai, Rs 44,840 in Mumbai and Rs 46,900 per 10 grams in Kolkata.
Gold-silver price in Delhi Bullion Market on Tuesday
Gold prices rose marginally by Rs 45 per 10 grams in the Delhi Sarafa Bazar on Tuesday. The new gold price of 99.9 grams purity in the capital Delhi (Delhi) was now at Rs 44,481 per 10 grams. At the same time, silver rose marginally by Rs 116 to Rs 66,740 per kg.
Why is the boom coming?
According to HDFC Securities Senior Analyst Tapan Patel, gold prices in India have registered a slight increase even after New York’s commodity exchange Comex has fallen marginally to a low level. According to him, the price of gold has increased marginally due to the strengthening of the rupee against the dollar.
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Prices will go up to Rs 63000
In India, gold and silver prices will now be supported by the purchase due to marriage season. If it is invested in gold at current prices, it can give big profits in the long term. Experts believe that in 2021, gold prices will definitely increase. It is estimated that gold prices will cross the level of Rs 63,000 this year. If this happens, then investors are sure to get strong profits.