Gold price increased by Rs 1100, reached a peak of 84900; Silver rose by Rs 700 to cross 95 thousand
Gold Silver Price: In futures trading, gold contracts for February delivery on the Multi Commodity Exchange (MCX) fell by five percent to Rs 81883 per 10 grams. During the day it rose by Rs 612 to Rs 82,500 per 10 grams.

On Saturday, Gold closed at Rs 84900 per 10 grams in the Delhi bullion market due to strong global cues and strong domestic demand. On Friday, the price of 99.9 percent purity gold rose for the third consecutive session, jumping by Rs 1,100 to a new peak of Rs 84,900 per 10 grams. Since January 1, the price of gold has increased by Rs 5,510 (7 percent).
Silver rose for the fourth consecutive session and rose by Rs 700 to Rs 95,700 per kg. On Friday, silver closed at 95000 per kg. In the last four sessions, silver has risen by Rs 2,700 to Rs 95,700 per kg. On January 29, it was Rs 93,000 per kg.
In futures trading, gold contracts for February delivery on the Multi Commodity Exchange (MCX) fell by five percent to Rs 81883 per 10 grams. During the day, it rose by Rs 612 to Rs 82,500 per 10 grams. The precious metal for April delivery jumped by Rs 1127 to Rs 83,360 per gram when Union Finance Minister Nirmala Sitharaman presented the budget on Saturday.
Silver contracts for March delivery slipped by Rs 38 or 0.04 percent to Rs 93,290 per kg. On Friday, gold futures on Comex hit an all-time high of USD 2,862.90 an ounce. Later, it pared its gains and closed lower at USD 2,835 an ounce.