Gold price rises due to demand in global market, silver becomes costlier by Rs 454

New Delhi: In the bullion market on Thursday, gold rose by Rs 116 to Rs 39,630 per ten gram in the international market. According to HDFC Securities, gold had closed at Rs 39,514 per ten gram on the previous trading day.

On the other hand, if we talk about silver, silver has gone up by Rs 454 to Rs 48,060 per kg due to good support of demand. Silver had closed at Rs 47,606 per kg in the previous trading session. HDFC Securities Senior Analyst (Commodities) Tapan Patel has said that in the spot market of 116-carat gold in Delhi, Rs 116 in the international market and seasonal wedding demand increased. The growth has been seen. In the global market, gold was trading at $ 1,504 an ounce and silver was trading at $ 17.94 an ounce.

Let us tell you that there is a continuous rise in the prices of gold in the global market and a constant vruddh in the prices of gold in the wedding season across the country. On Thursday, both gold and silver, in the Delhi bullion market, saw a boom due to this reason. Earlier on Tuesday, both metals registered an increase. The market was closed on Wednesday due to Christmas.

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