New Delhi: In the last five trading days, the price of gold (spot price) has increased by Rs 1907 per 10 grams. Silver has made a big jump of Rs 7540 per kg. Earlier on Monday, July 20, 24-carat gold closed at a price of Rs 49217 in bullion markets across the country. Whereas, on Friday, the last day of the trading week ended on July 24, the spot price of gold had closed at Rs 51124.
On the other hand, if we talk about silver, this week the silver spot rose by Rs 7540 per kg to Rs 59967 per kg from Rs 52188. In the month of July, the brightness of gold and silver has increased rapidly even after not being a retail buyer. Central banks, fund managers, independent investors are buying gold fiercely on various exchanges across the world, causing the price of gold to reach a record high in the global market as well.
In New York, gold was quoted at $ 1,897 an ounce on Friday, while silver rose marginally to $ 22.70 an ounce. Its influence is also seen in India. The spot prices of gold have increased by Rs 2238 per 10 grams from the last one to 24 July.
Today's Rate: Diesel prices again rises, petrol prices stable
