Gold and Silver Price Today: Along with gold, silver has also become expensive in the Delhi bullion market today.
Gold and Silver Price Today: Due to the overnight gain in gold globally, today Friday, March 25, the brightness of gold has also increased in the domestic market. Gold has strengthened by Rs 30 per ten grams today. Due to this boom, gold became expensive in the Delhi bullion market today and reached the price of Rs 51,827 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 51,797 per ten grams in the Delhi bullion market. Along with gold, silver has also become expensive today and it has crossed 69 thousand.
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Silver reached beyond 69 thousand
Due to the increase in industrial demand, the price of silver along with gold also increased in the Delhi bullion market today and its prices have crossed 69 thousand. Its price increased by Rs 569 per kg. Due to this boom, the price of silver reached Rs 69,089 per kg in the Delhi bullion market today. A trading day ago, silver prices closed at Rs 68,493 per kg in the Delhi bullion market.
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Gold and silver stable in international market
Talking about the global market, there was no significant change in the prices of both gold and silver and traded at almost constant prices. In the global market, gold was traded at 1956 US dollars (Rs 1.49 lakh) per ounce (1 kg = 35.3 ounces) while silver was traded at 25.54 US dollars (Rs 1945.84) per ounce. According to Navneet Damani, Senior Vice President (Commodities Research), Motilal Oswal Financial Services, Boolean (Gold-Silver) could be considered as a safe option due to the ongoing war between Russia and Ukraine, buoyant crude oil prices and fears of a fast pace of inflation. But investment is increasing. Due to this their sentiment is getting support.