New Delhi. In the Indian bullion market today i.e. on October 1, 2021, there has been a good increase in the price of gold. With this, gold again crossed the level of Rs 45 thousand per 10 grams. At the same time, a sharp rise has been registered in silver today (Silver Price Today). With this, silver has again reached above Rs 58 thousand per kg. During the last trading session, gold had closed at Rs 44,917 per 10 grams in the Delhi bullion market. At the same time, silver closed at Rs 57,425 per kg. Unlike the Indian bullion markets, the price of gold declined in the international market today, while there was no major change in the price of silver.
new gold prices
On Friday, in the Delhi bullion market, the price of gold registered a sharp rise of Rs 555 per 10 grams. In the national capital, gold of 99.9 grams purity today closed at Rs 45,472 per 10 grams. In contrast, gold prices fell in the international market today and reached $ 1,752 an ounce.
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new silver price
There was also a strong upward trend in silver prices today. In the Delhi bullion market, the price of silver on Friday closed at Rs 58,400 per kg by jumping above Rs 58 thousand with a jump of Rs 975. At the same time, there was no significant change in the price of silver in the international market today and it reached $ 22.16 an ounce.
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Why did gold rise
HDFC Securities Senior Analyst (Commodities) Tapan Patel said that in the forex market this morning the rupee (Indian Rupee declines) was trading at a level of 74.35, down 12 paise against the dollar. Due to this there was a fall in the prices of gold in the Indian markets.
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Orignally published at Tailored Stash
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