Gold Price Today in India: The price of gold and silver was observed for the fourth consecutive day on Thursday. According to HDFC Securities, the spot price of gold in Delhi bullion market rose by Rs 575 to Rs 49,125 per 10 grams on Thursday. The reason for this was the rise in the prices of precious metals in the global markets. In the previous trading session, gold had closed at Rs 48,550 per 10 grams.
On Thursday, silver also rose by Rs 1,227 to close at Rs 66,699 per kg, supported by buying. The previous closing price of silver was Rs 65,472 per kg. HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “The 24-carat gold spot price in Delhi rose for the fourth consecutive day and in line with the rise in the price of COMEX (New York-based commodity exchange), it rose by Rs 575 here. I.
In the international market, gold rose to $ 1,870.50 an ounce, while silver rose sharply to $ 25.83 an ounce. Patel said that due to easy monetary policy of major central banks, gold prices saw a rise, while the dollar fell for the fourth consecutive day due to expectation of stimulus.
Rupee at 5-month high
The rupee closed up 6 paise higher at 72.99 per dollar on Thursday, with a rise of 6 paise. The rupee opened higher at 72.96 against the US dollar in the interbank foreign exchange market and touched a high of 72.93 during the day’s trading but the rupee lost some profit in the last round of trading. Finally, the rupee closed at 72.99 per dollar, showing a rise of six paise. This level of Rs is the highest since September 1, 2020.