New Delhi. In the Indian bullion market, the price of gold has increased today i.e. on 29 September 2021. Even after this, gold is running around Rs 45 thousand per 10 grams. At the same time, an increase has been registered in the price of silver today. During the last trading session, gold had closed at Rs 44,859 per 10 grams in the Delhi bullion market. At the same time, silver closed at Rs 58,463 per kg. In the international market too, the price of gold increased today, while there was no significant change in the price of silver.
new gold prices
In the Delhi bullion market, on Wednesday, an increase of Rs 264 per 10 grams was recorded in the price of gold. In the national capital, gold of 99.9 grams purity today closed at Rs 45,123 per 10 grams. In the international market too, the prices of gold were registered today and it reached $ 1,739 an ounce.
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new silver prices
Silver prices also saw an uptrend today. Silver prices on Wednesday rose by Rs 362 to close at Rs 58,862 per kg in the Delhi bullion market. At the same time, there was no significant change in the price of silver in the international market today and it reached $ 22.26 an ounce.
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Why did gold rise
HDFC Securities Senior Analyst (Commodities) Tapan Patel said that in the forex market, the rupee was trading 13 paise lower at 74.19 against the dollar this morning. This led to a rise in the price of gold. At the same time, after reaching a low of 7 weeks, the improvement in gold prices has been recorded. On the other hand, Navneet Damani, vice-president of commodity research at Motilal Oswal Financial Services, said gold prices are fluctuating due to the strengthening of the dollar and the rise in US Treasury yields.
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Orignally published at Tailored Stash
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