Delhi bullion market reports that the price of gold has fallen by Rs 430. After which the price has gone up to Rs 60,550 per 10 grams. According to the information given by HDFC Securities, a day ago the price of gold had come down to Rs 60,980 per 10 grams.
Before Akshaya Tritiya, there has been a continuous decline in the prices of gold and silver. A day before Akshaya Tritiya, a fall in the prices of gold and silver is being seen in the bullion market of the country’s capital. Today, the price of gold has fallen by more than Rs.400 in the Delhi market and the price of silver has come down by about Rs.700. In foreign markets, gold has become cheaper by up to $11 in the spot market. By the way, the price is still at $ 2000. Let us also tell you how much the prices of gold and silver have increased from Delhi to foreign markets.
Gold and silver became cheaper in Delhi
The first thing Delhi bullion market does is that there has been a fall of Rs 430 in the price of gold. After which the price has gone up to Rs 60,550 per 10 grams. According to the information given by HDFC Securities, a day ago the price of gold had come down to Rs 60,980 per 10 grams. On the other hand, silver also declined by Rs 670 to close at Rs 75,080 per kg. According to Saumil Gandhi of HDFC Securities, retail demand is likely to improve on Akshaya Tritiya.
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Gold and silver prices breaking in foreign markets as well
On the other hand, there is a fall in the prices of gold and silver in foreign markets. According to data, gold futures fell by $ 16.20 an ounce to $ 2,002.90 an ounce in New York’s Comex market. On the other hand, the price of gold spot is trading at $ 1,996.96 per ounce with a fall of $ 7.84 per ounce. Both Silver futures and Silver spot are trading flat and the prices have come down to $25.53 and $25.36 per ounce respectively.
24 hours before Akshaya Tritiya how much silver became cheap and how much gold prices reduced
India’s futures market also declined
On the other hand, on the Indian Futures Market Multi Commodity Exchange, a fall of Rs 505 is being seen in the price of gold in 7.25 pm and the price has come down from Rs 60 thousand to Rs 59,998. By the way, gold had come down to Rs 59,888 during the trading session. On the other hand, a decline is also being seen in the price of silver. According to the data, it is trading at Rs 75,105 with a fall of Rs 396. During the trading session, the price of silver had come down to Rs 74,680.