Gold Silver Price: On MCX this morning, gold was trading at Rs 67,870 per 10 grams, down by Rs 1,082 (-1.57%). Yesterday it closed at Rs 68,952. During this period, silver was trading at Rs 81,648 per kg, down by Rs 3,246 (-3.82%). Yesterday it closed at Rs 84,894.
Gold Silver Price: The fall in gold and silver prices after the reduction in custom duty in the budget is not stopping. Gold is also seeing huge losses on Thursday (25 July). Gold has fallen by Rs 1000 and silver by Rs 3200 on the Indian futures market (MCX). In the bullion market too, gold has become cheaper by more than Rs 4,000 in the last two days.
On MCX this morning, gold was trading at Rs 67,870 per 10 grams, down by Rs 1,082 (-1.57%). Yesterday it closed at Rs 68,952. During this time, silver was trading at Rs 81,648 per kg, down by Rs 3,246 (-3.82%). Yesterday it closed at Rs 84,894.
Gold prices rose in the international market. US spot gold was up 0.7% at $2,425.28 an ounce amid weakness in the dollar. Gold futures were up 0.8% at $2,426.60 an ounce.
Gold prices continue to fall in the bullion market
The price of gold fell by Rs 650 to Rs 71,650 per 10 grams in Delhi’s bullion market on Wednesday. Gold continued to decline for the second consecutive day due to weak demand from jewelers and the announcement of reduction in import duty in the budget for the financial year 2024-25. The All India Sarafa Association said that in the previous trading session on Tuesday, gold closed at Rs 72,300 per 10 grams, down by Rs 3,350. However, the price of silver remained stable at Rs 87,500 per kg.
Meanwhile, the price of gold of 99.9 per cent and 99.5 per cent purity fell by Rs 650-650 to Rs 71,650 per 10 grams and Rs 71,300 per 10 grams, respectively. Gold prices have fallen by Rs 4,000 per 10 grams in the last two sessions.(zeebusiness)
