[ad_1]
Gold price in Delhi today: In the space of a week last Saturday, gold prices have dropped by Rs 560 at Rs 31,090, rising to a level of Rs 31,650 per 10 grams. (Photo: PTI) Gold prices in Delhi today: Good news for jewelry buyers, prices for gold and silver have fallen more than 500 rupees in 1 week in New Delhi moderate global indexes. In the space of a week since last Saturday, gold prices have dropped from Rs 560 to Rs 31,090, from Rs 31,650 to 10 grams while the price of silver fell from Rs 585 to Rs 39,915, from Rs 40,500 per kilogram to the New Delhi Gold Market. Only today, gold prices fell from 25 to 31,090 rupees per 10 grams while silver prices fell from 115 to 39,915 rupees per kilogram.
The decline in precious metals prices the world's largest economies – the United States and China. A weak trend overseas when metal prices fell to seven months as the US dollar peaked two weeks, boosted by safe haven purchases in the ongoing US-China trade war, influenced the sentiment here, according to PTI. report. Prices of precious metals such as gold and silver have been under pressure after the US Federal Reserve hinted at further increases in benchmark lending rates. The erosion of the demand of local jewelers and retailers in the spot market has weakened the downtrend, reported PTI, citing unidentified distributors
In international markets, the price of gold has lost 0.47% to $ 1,241 an ounce. New York on Friday. The prices of the sovereign remained stable at Rs 24,800 per piece of eight grams. In line with falling prices for gold and silver, coin prices have fallen from Rs 1,000 to Rs 74,000 for the purchase while for sale, prices remain stable at Rs 75,000 per 100 pieces.
Source link
