Gold and Silver Price Today: In the Delhi bullion market, the price of gold increased by Rs 1298 per ten grams today.
Gold and Silver Price Today: Due to increase in gold prices globally and weakness in rupee, today, on Monday, 7 March, gold has increased in the domestic market as well. Today, the price of gold has increased by Rs 1,298 per ten grams. Due to this boom, gold became expensive in the Delhi bullion market and reached the price of Rs 53,784 per ten grams. This information has been given by Tapan Patel, Senior Analyst (Commodities), HDFC Securities. A trading day ago, gold prices closed at Rs 52,486 per ten grams in the Delhi bullion market.
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Rise in the price of silver
Along with gold in the Delhi bullion market today, the price of silver also increased. Its price rose by Rs 1,910 per kg today. Due to this jump, the price of silver reached Rs 70,977 per kg in Delhi bullion market today. A trading day ago, silver had closed at Rs 69,067 per kg in the Delhi bullion market.
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Gold and silver prices in the international market
The rupee on Monday fell 84 paise to an all-time low of 77.01 per dollar (tentative) against the dollar as tensions in Russia and Ukraine escalated as investors worried about rising crude oil prices. In the international market, where gold was trading with strength at $ 1,996 an ounce, while silver was almost stable at $ 25.81 an ounce. HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Gold prices touched $2,000 an ounce on Monday due to deepening of crisis between Ukraine and Russia.” Motilal Oswal Financial Services Senior Vice President (Commodities) said. Research) Navneet Damani said, “The price of gold is rising rapidly by touching the level of $ 2,000 per ounce. With the Russia-Ukraine crisis deepening, investors are turning to safer investment options.