The price of 10 grams of gold in Delhi beyond 91 thousand, silver also increased price

Gold-Silver Price: On Thursday, the price of gold in the national capital increased by Rs 365 to 10 grams per 10 grams of Rs 91,050 amidst strong trend in foreign markets. The price of 99.9 percent pure gold closed at Rs 90,685 per 10 grams on Wednesday. Pure gold up to 99.5 percent increased by Rs 365 to Rs 90,600 per 10 grams, compared to Rs 90,235 per 10 grams a day earlier.

Due to this the price of gold is increasing

Senior analyst of commodities in HDFC Securities, Soumil Gandhi said, “After the announcement of the new auto tariff of US President Donald Trump on Wednesday, gold prices increased due to increase in risk in investors.” Similarly, the price of silver has also increased by Rs 200 to Rs 200 to Rs 1,01,700 per kg. On Wednesday, it closed at Rs 1,01,500 per kg.

Meanwhile, gold futures for April delivery on Multi Commodity Exchange (MCX) have increased by Rs 828 or 0.94 percent to close to a record high level of Rs 88,466 per 10 grams. Earlier on March 20, gold prices rose to high level of Rs 89,796 per 10 grams. In the international market, the spot gold rose $ 34.77 or 1.15 percent to a record high level of $ 3,054.05 an ounce.

Investment is increasing on gold

Jatin Trivedi, vice -president of LKP Securities, said, “The decline in GDP growth of America and the possibility of US reciperook tariff on April 2 gold priceGrowing up to close to $ 3,050 an ounce. Apart from this, Trump’s threat to the European Union to support Canada has also affected the market. This has increased the demand for safe investment. ”

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