Silver price
Silver prices reached record level in the country’s capital Delhi 24 hours ago. If the rise of Saturday and Monday is mixed, silver was seen in two days. According to experts, due to the increase in the dollar index, there has been a big decline in the price of silver. According to experts, silver prices can be seen in the coming days. On the other hand, the price of gold has also seen a decline. Let us also tell you how much gold and silver prices have been done.
Gold and silver prices fall
According to the All India Bullion Association, the price of gold fell by Rs 200 to Rs 99,370 per 10 grams in the bullion market of the national capital Delhi on Tuesday. Gold with 99.9 percent purity closed at Rs 99,570 per 10 grams on Monday. On the other hand, gold with 99.5 percent purity also fell by Rs 200 to Rs 98,800 per 10 grams (including all taxes), while earlier it was priced at Rs 99,000 per 10 grams. Silver prices fell by Rs 3,000 to Rs 1,12,000 per kg (including all taxes) on Tuesday. On Monday, silver rose by Rs 5,000 to a record level of Rs 1,15,000 per kg.
Why did gold fall in silver?
Vice President of Mehta Equities Rahul Kalnist said that gold and silver saw heavy fluctuations during the day, initially they saw fast, but later they came down from their highest level due to the bounce in the US dollar index. The artist further said that investors opted for profit booking before the important US inflation figures to be released later during the day so that the direction of bullion prices can be detected. Meanwhile, gold in international markets increased by $ 20.62 or 0.62 percent to $ 3,364.14 an ounce.
Chintan Mehta, Chief Executive Officer (CEO) of Abans Financial Services, said that gold remains in a limited scope despite increasing geopolitical and business tension. There has been a slight rise in the demand for safe investment after President Donald Trump’s announcement of a 30 per cent fee from Mexico and European Union on imports. However, the expectations of negotiation have limited a sharp lead.