At present, gold is trading above Rs 5250. On the other hand, silver has fallen below the level of Rs 58 thousand. Foreign cues have had an impact on the prices.
Gold becomes expensive on the day of Karva Chauth
The fall in gold prices has stopped on the day of Karva Chauth. There has been a slight upward trend in gold prices today. However, on the other hand, the decline in silver has continued. Gold prices have benefited from the recovery in foreign markets. On the other hand, silver has become sluggish due to the fears of recession due to the projections of reduction in industrial demand. At present, gold is trading above Rs 5250. On the other hand, silver has fallen below the level of Rs 58 thousand. There was a softening trend in the prices of gold for the last few days.
Where did the price of gold and silver reach
According to the information given by HDFC Securities, the price of gold in Delhi has reached Rs 5,1255 with a limited increase of Rs 42 per 10 grams today. According to the broking firm, the recovery in prices is due to the rise in gold prices in the international market. In the last trading session, gold was trading at a level of Rs 51,213 per 10 grams.
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