Gold and Silver Price Today: Due to the weakness in the rupee, today gold has become expensive by Rs 1200 and silver has also crossed 67 thousand.
Gold and Silver Price Today: Due to weak rupee and overnight gains in gold globally, gold has become expensive in the domestic market today, Wednesday, March 2. There has been a jump of Rs 1,202 per ten grams in the price of gold today. Due to this boom, gold became expensive in the Delhi bullion market and reached the price of Rs 51,889 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 50,687 per ten grams in the Delhi bullion market. Along with gold, today the prices of other precious metal silver have also increased and it has crossed 67 thousand.
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silver close to 68 thousand
Along with gold, silver has also increased in the Delhi bullion market today. Today silver has become costlier by Rs 2,148 per kg. Due to this rise, silver was sold at a price of Rs 67,956 per kg. A trading day ago, silver prices closed at Rs 65,808 per kg in the Delhi bullion market. In early trade today, the rupee slipped by 49 paise to Rs 75.82 against a US dollar.
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Slight decline in gold in the international market
Talking about the global market, the prices of gold have weakened today and the prices of silver remained stable. In the global market, gold traded at USD 1943 (Rs 1.47 lakh) per ounce (1 kg = 35.3 oz) while silver was traded at USD 25.18 (Rs 1907.25) per ounce. According to Patel, a strong dollar and a rise in US bond yields have halted gold’s gains. However, due to the fear of inflation and the ongoing war between Ukraine-Russia, the trend of gold prices remains bullish amid geopolitical risk.
,Input: PTI)
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