In the Delhi bullion market, gold became expensive and reached the price of Rs 51,452 per ten grams. A trading day ago, gold prices closed at Rs 51,374 per ten grams in the Delhi bullion market.
Gold and Silver Price Today : Today, amidst strong global trends, the shine of gold has increased in the domestic market. There was also a rise in the price of silver. Today, the price of gold has increased by Rs 78 per ten grams today.
Due to this boom, gold became expensive in the Delhi bullion market and reached the price of Rs 51,452 per ten grams. A trading day ago, gold prices closed at Rs 51,374 per ten grams in the Delhi bullion market. HDFC Securities Senior Analyst (Commodities) Tapan Patel has given this information.
Rise in the price of silver In the
Delhi bullion market today, along with gold, the price of silver also increased today. Its price rose by Rs 517 per kg today. Due to this jump, the price of silver reached Rs 65,134 per kg in the Delhi bullion market today. A trading day ago, silver had closed at Rs 64,617 per kg in the Delhi bullion market.
Gold and silver prices in the
international market were trading higher at $ 1,901 an ounce, while silver remained almost unchanged at $ 23.65 an ounce. Dilip Parmar, Retail Research Analyst (Commodities), HDFC Securities said, “Gold was trading 0.23 percent higher at $1,901 an ounce on the New York-based commodity exchange Comex on Tuesday. Gold prices have improved due to weakness in US currency.
How far will the price of gold go this year?
He said that in the year 2022, the price of gold can go up to Rs 58 to 60 thousand per 10 grams. There are many reasons for this. The biggest reason is rising inflation around the world. Whether it is India or America, all countries are troubled by retail inflation.
The Reserve Bank has also raised the estimate of retail inflation for the whole year by about 1 percent. With the rise in inflation, the price of gold also definitely rises. Even if the ongoing war between Russia and Ukraine ends, then the price of gold will not go below 50 thousand rupees.
