The price of gold has risen by Rs 111 on Thursday. Apart from this, the price of this precious metal has come down to Rs 42,492 per 10 grams in the national capital on Thursday. According to HDFC Securities, the rise in the price of gold has been recorded due to the fall in the rupee. Earlier on Wednesday, the yellow metal had closed at Rs 42,381 per 10 grams. Currently, silver prices have declined on Thursday. Apart from this, silver has fallen by Rs 67, bringing its price to Rs 48,599 per kg. Significantly, silver closed at Rs 48,666 per kg on Wednesday.

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According to Tapan Patel, senior analyst at HDFAC Securities, the price of 24-carat gold in Delhi has also recorded a rise of Rs 111 on Thursday. Along with this, according to Patel, this increase is due to the depreciation of the rupee. At the same time, when talking about the international market, both gold and silver were trending down on Thursday. Gold was trending at $ 1,609.60 an ounce and silver at $ 18.26 an ounce.

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Talking about the futures price, the futures price of gold on MCX exchange on Thursday, 3 April 2020 at Rs 41,556 per 10 grams, the futures price of June 5, 2020, at Rs 41,740 per 10 grams and the futures price of August 5, 2020, at Rs 41,963 Trending at 10 grams. Apart from this, on the futures price of silver, silver futures on March 5, 2020, on MCX exchange at Rs 47,535 per kg, silver futures on May 5, 2020, at Rs 48,111 per kg and silver futures on July 3, 2020. The price was trending at Rs 48,608 per kg.

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