Gold and silver prices decline, Know its rate

New Delhi: The price of gold and silver is again seeing a big change today. Gold and silver prices are being softened. The US today recorded a decline in gold and silver prices in the Indian markets amid weak international signals. Gold futures slipped 0.11% to Rs 49,394 per 10 grams, while silver slipped 0.71% to Rs 66,821 per kg.

Delhi saw a strong strength in gold and silver on Thursday. Gold closed at Rs 49,125 per 10 grams with an edge of 575 rupees. Earlier on Wednesday, the price of gold was Rs 48,550 per 10 grams. Silver closed at Rs 66,699 per kilogram on Thursday with an edge of 1,229 rupees. While silver on Wednesday was Rs 65,472 per kilogram. According to the pundits, the impact of the gold boom in the foreign market was seen on its domestic prices. The weakness in the rupee has also supported gold.

Gold prices in the global market stood at $1,870.50 per ounce. While silver was at $25.83 an ounce. The fiscal measures by central banks and governments all over the world to reduce the impact of coronavirus saw an increase of more than 25 per cent in gold prices last year. The price of silver had risen by 50 per cent.

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