gold Silver
Due to the continuous buying by the stockist, the price of gold increased by Rs 450 to Rs 99,620 per 10 grams in the bullion market of the national capital on Thursday. On Wednesday, the price of gold with 99.9 percent purity closed at Rs 99,170 per 10 grams. Gold with 99.5 percent purity increased by Rs 400 to Rs 99,000 per 10 grams (including all taxes). It closed at Rs 98,600 per 10 grams in the last trading session. The price of silver also increased by Rs 1,000 to Rs 1,05,800 per kg (including all taxes) on Thursday. In the last session, silver closed at Rs 1,04,800 per kg.
So the price of gold increased
Gold and silver continued to rise after Mehta Equality Vice President-Jins Rahul Kalantri said, “After the dollar came to a new low-lying level of 3.5 years and the US bond reward of two months. The artist said, apart from this, on July 9, concerns about the deadline of the US trade fee gave it further support. If the trade agreement is not finalized in time, high fees may promote instability in global financial markets, which will be helpful for bullion prices.
On the global front, the spot gold fell 8.21 $ 8.21 or 0.24 percent to $ 3,348.89 an ounce. Jatin Trivedi, vice-president of LKP Securities, research analyst (commodity and currency) said, “Investors will be waiting for important American large economic data released in the day, including non-agricultural payroll (NFP) and unemployment data, which can provide new directions for the interest rate of Federal Reserve and the Federal Reserve prices.
Stock market declines
The stock market declined for the second consecutive day on Thursday and the BSE Sensex broke 170 points. There was a boom during trading in the market, but in the last hour, it closed down due to selling in financial companies and metal shares. The BSE Sensex based on thirty stocks closed at 83,239.47 points, falling from 170.22 points, or 0.20 percent, at 83,239.47. At one time during the trading, it climbed up to 440.4 points. NSE Nifty, based on five shares, also fell 48.10 points, or 0.19 percent, closed at 25,405.30 points.