Indian spot rate: Increase In Gold Prices, Silver Remains Steady

New Delhi: For the past few days, gold buyers have been facing disappointment. Gold and silver prices have once again gained momentum. Gold and silver prices are seen increasing again. Gold has once again reached 50 thousand, while silver has crossed 67500 rupees. It is being told that this increase in gold has happened due to the hope of relief package in America.

Gold is trading around Rs 49780 per 10 gram with an increase of Rs 185. Whereas gold also touched the highest level of 57100 this year. Accordingly, gold is more than Rs 7000 cheaper than its highest level. Thursday silver saw an increase of Rs 740. The price of silver is above 67,500. On Wednesday, silver was above 65 thousand rupees at 65911 kg. For three consecutive days, silver prices are showing an increase.

In the global market, gold rose sharply to $ 1,854 an ounce, while silver remained unchanged at $ 24.72 an ounce. Even after the price of gold has reached a record level, the average sales size of gold and silver jewellery has increased by 16 per cent in November compared to October.

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