New Delhi: Good news for those buying gold on the festive season. On the first day of the week, a big drop in gold prices has been recorded on Monday. In the national capital New Delhi, the price of 10 grams of gold has fallen to 240 rupees. At the same time, one kilogram of silver has become cheaper by Rs 775. According to experts, gold prices have declined due to weak prices in the international market.
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New price of gold - On Monday, the price of gold in Delhi Bullion market has reduced by Rs 240 to Rs 38,530 per 10 grams. At the same time, the price of gold was Rs 38,770 per 10 grams in Delhi Bullion Market on Saturday. In the international market, New York, gold weakened to $ 1,487.15 an ounce and silver also fell to $ 17.24 an ounce.
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Silver also became cheaper - Like gold, the prices of silver have also been recorded. Due to a decrease in demand from the industry, the price of one kilogram of silver in Delhi has dropped from Rs 46,480 to Rs 45,705. Devarsh Vakeel, an analyst at HDFC Securities, says that due to the softening of gold prices in the international market, the price of these metals has decreased in the domestic market as well.
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