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If you are thinking of buying gold in the month of Sawan, then there is a good chance for you. The price of gold has registered a decline again today. With this, the price of gold has again come close to Rs 60,000 per 10 grams. On the other hand, a decline has also been registered in the price of silver, and compared to Monday’s rate, the price of silver has decreased by Rs 300 today. Explain that due to the fall in the prices of gold and silver in the global markets, this decline in prices has been recorded.
These are today’s gold and silver prices
Gold fell by Rs 150 to Rs 60,200 per 10 grams in the national capital’s bullion market on Tuesday amid a fall in gold prices in the global market. HDFC Securities gave this information. In the previous trading session, gold had closed at Rs 60,350 per 10 grams. Silver also declined by Rs 300 to Rs 76,700 per kg. In overseas markets, gold was trading with losses at $1,959 an ounce. Silver was also trading lower at $24.50 an ounce.
effect of strength in dollar index
Gold moved in a narrow range on COMEX. Traders there waited for the results of the policy meetings of the Federal Reserve and the European Central Bank. Saumil Gandhi, senior analyst (commodities), HDFC Securities, said, “Meanwhile, the dollar index is trading near its two-week high, which is weighing on the precious metals. A stronger dollar makes bullion more expensive for buyers holding other currencies.
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