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Gold rose by Rs 1910 to Rs 98450 per 10 grams, silver strengthened by Rs 1660
Gold Silver Price: Amid strong demand in the global market, gold rose by Rs 1,910 to Rs 98,450 per 10 grams in the national capital on Wednesday. At the same time, the price of silver jumped by Rs 1,660 to Rs 99,160 per kg. Let us know the detailed condition of the bullion market.
In the midst of high demand in the international market, gold appreciated 1,910 paise to touch Rs 98,450 for 10 grams in the national capital Delhi on Wednesday. The All India Sarafa Association has confirmed the same. On Tuesday, the 99.9 fineness yellow metal closed at Rs 96,540 for 10 grams
The 99.5 percent pure gold price increased by Rs 1,870 to Rs 98,000 for 10 grams (all taxes included) on Wednesday. It closed at Rs 96,130 for 10 grams in the last trading session.
The dollar weakness helped prices for gold, according to Chintan Mehta, Abans Financial Services Chief Executive Officer. Investors seek safe assets following the downgrading of the US rating by Moody's.
Meanwhile, the price of silver rose by Rs 1,660 to Rs 99,160 per kg (inclusive of all taxes) on Wednesday. It closed for the last time at Rs 97,500 per kg.
