New Delhi: Gold prices are seen to rise strongly ahead of the festive season. On Tuesday, gold prices rose to Rs 35,915 per 10 grams. Earlier on Monday, the gold price was recorded at Rs 35,970 per 10 grams in Delhi, a record level. On July 22 last year, it was Rs 29,895 per 10 grams.
In fact, gold prices are by far the highest level. Never before had gold prices seen such a big upsurge. Silver prices have also hit a year-on-year high. Meanwhile, investors are now taking money out of the stock in hopes of more profits and putting gold in it. Gold prices rose by 100 rupees in Delhi on Monday, bringing the Sensex at a record high of 35,970 rupees per 10 grams.
Gold prices had risen to Rs 35,409 per 10 grams in early Friday trading last week. On the other hand, silver has continued to rise for the past week. Speaking of the international market, the price of gold in the global market had reached $1450 per ounce, the highest level of gold prices in the past 6 years.
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