Gold became expensive again, Silver prices drops
Gold became expensive again, Silver prices drops

New Delhi: Gold prices have once again reached the sky in the domestic market. The price of 10 grams of gold in Delhi bullion market increased by Rs 63. However, silver prices declined by Rs 93 due to lower industrial demand. According to sources, the rise in demand at the global level and weakness in the rupee has led to a rise in gold prices.

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Gold prices in the Delhi bullion market rose from Rs 40,660 to Rs 40,723 per 10 grams. While the price of gold was broken by Rs 51 on Wednesday. In the global markets, gold was at $ 1,556 an ounce and silver at $ 17.67 an ounce. On Thursday, the fall in silver prices was recorded. Due to reduced demand from the industry, the price of one kg silver has come down from Rs 47,177 to Rs 47,082.

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According to experts, after the first phase of trade deals in the US and China, investors are alert about the second phase of the deal. Due to this, there was an increase in the price of gold today. Along with this, he said that investors are also worried about the spread of Coronavirus in China.

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