New Gold Rate (Gold Price, 14 July 2021) – On Wednesday, the price of gold in the Delhi bullion market registered a rise of only Rs 23 per 10 grams. The new price of gold of 99.9 grams of purity has now reached Rs 47,024 per 10 grams in the capital Delhi. At the same time, the price of gold rose to $ 1,812 an ounce in the international market today.
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New Silver Price (Silver Price, 14 July 2021) – There was a declining trend in the price of silver today. Silver prices on Wednesday declined by Rs 399 to Rs 67,663 per kg in the Delhi bullion market. At the same time, there was not much change in the price of silver in the international market today and it reached $ 26.02 an ounce.
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Why did gold rise? HDFC Securities Senior Analyst (Commodities) Tapan Patel said that due to the weakness in the dollar, the price of gold is being volatile. On the other hand, Navneet Damani, VP Commodity Research, Motilal Oswal Financial Services, said that the dollar showed weakness while waiting for US inflation data. Due to this, the continuing volatility in the price of gold in the international market is affecting the Indian bullion market.
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