Gold and silver boom from New York, London to Delhi, record made again before Christmas

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From the international market to the local market, the prices of gold and silver have created a stir. The prices of gold and silver have not reached record levels. In fact, a new record has also been made before Christmas. Where gold future prices in America have crossed the level of 4550. On the other hand, gold prices in the country’s futures market have crossed Rs 1.38 lakh per ten grams. If we look at the figures, the prices of gold in the bullion market in Delhi have reached a record level of Rs 1.40 lakh per 10 grams. Something similar is being seen in recent silver prices also. In America, where silver prices have crossed $ 72 per ounce. At the same time, the price of silver in the country’s futures market has crossed Rs 2.23 lakh.

According to experts, the main reason for the rise in gold and silver prices is the possible interest rate cut by the US Central Bank. Recently the figures of American economy have come out. In which the country’s GDP has crossed 4 percent in the September quarter, which is the highest in two years. Due to which a decline is being seen in the dollar index. This is the reason why the prices of gold and silver are increasing. If experts are to be believed, the prices of gold and silver may reach new levels in the coming days. Let us also tell you what the prices of gold and silver have become in America, Europe, Britain and New Delhi.

Gold and silver at record level in Delhi

Gold and silver prices are seen at record levels in the country’s capital Delhi. According to Delhi Bullion Market data, on Tuesday, gold rose by Rs 2,650 to a new peak of Rs 1,40,850 per 10 grams. The price of gold with 99.9 percent purity closed at Rs 1,38,200 per 10 grams on Monday. So far this year, gold prices in the domestic market have increased by Rs 61,900, or 78.40 percent. The price of gold on December 31, 2024 was Rs 78,950 per 10 grams.

At the same time, silver also rose for the second consecutive day, and it increased by Rs 2,750 to reach a record level of Rs 2,17,250 per kg (including all taxes). In the previous session, silver had closed at Rs 2,14,500 per kg after registering a sharp rise of Rs 10,400 per kg. During the calendar year, silver prices have increased by Rs 1,27,550, or 142.2 per cent, from Rs 89,700 per kg recorded on December 31, 2024.

Gold and silver also made records on MCX

Gold and silver prices also reached record levels on the country’s futures market Multi Commodity Exchange on Wednesday. If we look at the data, on Wednesday at 9.35 am, gold is trading at Rs 1,38,269 per ten grams with a rise of Rs 384. Whereas during the trading session, gold rose by Rs 584 and reached a new record high of Rs 1,38,469. However, in the current year, gold on MCX has given a return of 80.42 percent.

On the other hand, silver prices are witnessing a further rise. At 9.40 am, the price of silver is trading at Rs 2,23,345 lakh with an increase of Rs 3692. Whereas during the trading session, the price of silver increased by Rs 4,089 to Rs 2,23,742 per kg, which is a new record. By the way, silver has given a return of 156.49 percent to the investors so far in the current year.

Gold and silver at record level in America too

In the Comex market of New York, gold future is trading at $ 4,522.55 per ounce with an increase of about $ 17 per ounce. Whereas during the trading session, gold reached a record level of $ 4,554.90 per ounce. However, in the current year, an increase of 72.46 percent has been seen in gold futures. At the same time, gold spot prices have also reached record levels. At present, the price of gold spot has increased by about $ 9 per ounce and is at $ 4,495.89 per ounce. Whereas during the trading session the gold spot reached a record level of $ 4,525.96 per ons. At present, an increase of 73.69 percent has been seen in the gold spot prices.

On the other hand, a rise in silver prices is also being seen. According to the data, silver future prices are trading at $ 72.370 per ons with an increase of 1.72 percent. Whereas during the trading session, silver reached a record level with an increase of $ 72.75 per ons. On the other hand, the price of silver spot is trading at $ 72.3825 per ounce with an increase of 1.27 percent. Whereas during the trading session, silver prices appeared at a record level of $ 72.705 per ons.

Gold and silver prices in Europe and UK

At the same time, there is a rise in the prices of gold and silver in the markets of Britain and Europe. In the British markets, gold is up by about 11 pounds per ounce at 3,328.10 pounds per ounce. While the price of silver is trading with an increase of 1.30 percent at 53.5683 pounds per ons. In European markets too, gold prices are trading at 3,814.19 euros per ounce with an increase of about 12 euros. Whereas the price of silver is trading at 61.4208 Euro per ons with an increase of 1.45 percent.

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