New Delhi. In the Indian bullion market today i.e. on July 28, 2021, there was a downward trend in the price of gold. At the same time, a decrease of more than Rs 1000 was recorded in the price of silver today. Due to this silver reached below Rs 65 thousand per kg. During the last trading session, gold had closed at Rs 46,668 per 10 grams in the Delhi bullion market. At the same time, silver closed at Rs 65,873 per kg. There was a slight increase in the price of gold and silver in the international market today.
new gold price
On Wednesday, a decrease of only Rs 61 per 10 grams was recorded in the price of gold in Delhi Bullion Market. In the capital Delhi, the new price of gold of 99.9 grams of purity today closed at Rs 46,607 per 10 grams. At the same time, the price of gold in the international market rose marginally to $ 1,800 an ounce today. In the forex, the rupee was trading at a level of 74.43 with the strength of 4 paise against the dollar today.
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new silver price
There was a sharp fall in the price of silver today. Silver prices on Wednesday declined by Rs 1,094 to Rs 64,779 per kg in the Delhi bullion market. At the same time, there was a jump in the price of silver in the international market today and it reached $ 24.76 an ounce.
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Why did the price of gold decrease?
HDFC Securities Senior Analyst (Commodities) Tapan Patel said that gold prices fell in the Delhi bullion market due to the strengthening of the rupee and lower prices in the commodity exchange. At the same time, Navneet Damani, VP Commodities Research, Motilal Oswal Financial Services, said that investors are waiting for the decisions of the US Federal Reserve.
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