New Delhi: On Thursday, the price of gold in the country's capital New Delhi has increased by Rs 400 to Rs 41,524 per ten grams. HDFC Securities has said that the price of gold has risen so much due to the demand of wedding season and overall recovery in global prices. On Wednesday, gold had closed at Rs 41,124 per ten grams.
Like gold, the price of silver has risen by Rs 737 to Rs 47,392 per kg. Earlier on Wednesday, silver had closed at Rs 46,655 per kg. HDFC Securities senior analyst Tapan Patel has stated that 24-carat gold spot in Delhi rose by Rs 400 to trade at Rs 41,524 per ten grams due to demand from the wedding season and recovery in international gold prices.
Tapan Patel has said that in the coming months, the demand for marriage season and increasing will further increase the prices of gold. On Thursday, the rupee opened weakly in early trade and was trading at 71.47, down 19 paise. In the global market, gold was trading at $ 1582 an ounce and silver at $ 17.72 an ounce.
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