Gold and silver prices rise amid strong demand; Know what is today's price
Gold Silver Price: On Monday, the price of gold rose by Rs 250 to Rs 99,020 per 10 grams. At the same time, the price of silver rose by Rs 500 to Rs 1,11,000 per kg (including all taxes). The All India Sarafa Association has confirmed this.
Due of higher demand by stockists, gold price in the capital city Delhi on Monday increased by Rs 250 to Rs 99,020 per 10 grams. 99.5 percent pure gold increased by Rs 250 to Rs 98,550 per 10 grams (all taxes included). Meanwhile, the silver price increased by Rs 500 to Rs 1,11,000 per kg (all taxes included). The All India Sarafa Association has confirmed this.
Bullion traders said that the prices of precious metals rose due to the increase in demand. Globally, gold spot rose by $ 15.16 or 0.45% to $ 3,365.56 an ounce. Apart from this, silver spot rose by 0.73% to $ 38.47 an ounce in foreign markets.
Saumil Gandhi, Senior Analyst (Commodities), HDFC Securities, said that gold rose on Monday amid uncertainties related to US tariff policy and a fall in the US dollar. This supported the prices of precious metals.