Gold Rate: A golden opportunity to buy gold and silver before Karva Chauth, became cheaper for the third consecutive day, know the latest rate
Gold Rate: In the national capital, gold on Wednesday fell by Rs 20 to Rs 51,155 per 10 grams. This is the third consecutive day when the price of gold has declined. In the last two days, gold has become cheaper by about Rs 900. At the same time, like gold, silver also declined by Rs 473 to Rs 58,169 per kg today. In the last two days, the price of silver has fallen by about Rs 3200. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 51,175 per 10 grams. In the last trading session, the price of silver was Rs 58,642 per kg. In the international market, gold was steady at $1,669.5 an ounce. Silver was trading with a loss at $ 19.18 an ounce.
Gold loses Rs 116 on weak spot demand
Gold prices on Wednesday fell by Rs 116 to Rs 50,980 per 10 grams in the futures market as speculators reduced positions amid weak spot demand. On the Multi Commodity Exchange, gold for delivery in December fell by Rs 116, or 0.23 per cent, to Rs 50,980 per 10 grams. It had a business turnover of 16,272 lots. According to market analysts, cutting down of positions by participants led to the fall in gold futures prices. At the same time, globally, gold was trading 0.59 percent lower at $ 1,676 an ounce in New York.
Silver futures fall
Silver prices on Wednesday fell by Rs 619 to Rs 57,916 per kg in futures market as participants reduced their positions on weak spot demand. On the Multi Commodity Exchange, silver for delivery in December fell by Rs 619, or 1.06 per cent, to Rs 57,916 per kg. It had a turnover of 17,119 lots. Globally, silver fell 1.63 per cent to $19.17 in New York.Rs per ounce.
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