Gold Price Today: Amidst the strengthening trend in the global markets, the price of gold rose by Rs 800 in the bullion market of the national capital on Tuesday. With this, gold reached Rs 65,000 per 10 grams. This is a new record level of gold. In the last trading session, gold had closed at Rs 64,200 per 10 grams. HDFC Securities gave this information.
Table of Contents
Silver rose by Rs 900 to Rs 74,900 per kg
At the same time, if we talk about silver, the price of silver also increased by Rs 900 to Rs 74,900 per kg. In the last trading session it had closed at Rs 74,000 per kg.
Saumil Gandhi, senior commodity analyst at HDFC Securities, said, “In the Delhi market, gold (24 carat) was trading at spot price of Rs 65,000 per 10 grams, which shows an increase of Rs 800 from the previous closing price.
Gold reached a new all-time high of Rs 65,000
He said, ‘In the domestic markets, spot gold reached a new all-time high of Rs 65,000 on Tuesday.’ In the international market, spot gold in Comex (commodity market) strengthened to $ 2,110 an ounce, which is one rupee higher than the previous closing price. There is more than a percent increase.
Jatin Trivedi, Vice President, Research Analysis Department, LKP Securities, said, ‘Gold prices witnessed a rise due to increased speculation of interest rate cut by the US Federal Reserve in June. Thus, in the last three days, an increase of more than Rs 2,400 was seen in MCX.
He said, ‘Signs of decline in industrial and construction spending in the US as well as reduction in inflationary pressure also gave a boost to growth.’
Let us tell you that silver also remained strong at $ 23.88 per ounce. In the last trade it had closed at $ 23.09 an ounce.
