Gold Price: Gold in India has become costlier by more than Rs 11,000 so far! Know today’s price
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Gold Price Todays : Investing in gold is considered the safest all over the world. Especially, talking about India, the presence of gold in our house is considered a symbol of prosperity. This is the reason why a huge increase in the prices of gold is being recorded in India’s bullion market including the global market. If we compare the increase in gold prices as on 31 August 2021, then gold has become costlier by about Rs 11,000 during this interval.
During the Corona epidemic, on August 31, 2021, gold was sold at a level of Rs 46,272 per 10 grams in Delhi’s bullion market with a fall of Rs 100. At the same time, on Thursday, March 16, 2023, gold in Delhi’s bullion market closed at a level of around Rs 57,450 per 10 grams with a gain of Rs 380. From this point of view, in the time interval from August 31, 2021 to March 16, 2023, an increase of about Rs 11,178 per 10 grams was recorded in the price of gold.
Silver costlier by Rs 3,896 per kg
On the other hand, if we evaluate the increase in silver prices by considering August 31, 2021 as the timeline, then from August 31, 2021 till now, an increase of about Rs 3,896 per kg has been recorded in silver prices compared to gold. On Thursday, March 16, 2023, the price of silver fell by Rs 90 to close at Rs 66,535 per kg in Delhi’s bullion market. Now if we talk about the increase in the time interval from August 31, 2021 to March 16, 2023, then silver became costlier by about Rs 3,896 per kg during this period.
Gold up by Rs 380 in Delhi, silver slips by Rs 90
According to media reports, gold prices rose by Rs 380 to Rs 57,450 per 10 grams in Delhi’s Sarafa Bazar on Thursday amid a firm trend in the prices of the precious metal overseas. In the last trading session, gold had closed at Rs 57,070 per 10 grams. However, the price of silver declined by Rs 90 to close at Rs 66,535 per kg. HDFC Securities Senior Analyst Saumil Gandhi said that the spot gold price in Delhi’s bullion market rose by Rs 380 to Rs 57,450 per 10 grams.
Gold rises in the international market as well
In the international market, gold rose sharply to $1,922 an ounce, while silver remained unchanged at $21.61 an ounce. Gold prices edged marginally higher on Comex (commodity market) in Asian trading hours on Thursday, Gandhi said, as Switzerland’s financial services company Credit Suisse rekindled concerns of a worldwide bank crisis and investors sought safe-haven assets. turned to gold as an investment option.
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