Gold becomes costlier by Rs 4,350 in Delhi, prices reach record level. Gold becomes costlier by Rs 4,350 in Delhi,

Gold prices have reached record levels in the capital Delhi. In the current year, the price of gold in Delhi has seen an increase of more than Rs 7 thousand.

The prices of gold, one of the most favorite safe havens in the world, have skyrocketed. In the country’s capital Delhi, the price of gold has seen an increase of up to Rs 4350 in the month of April. Due to which the prices have reached record level on Monday. If experts are to be believed, an even greater increase in gold prices may be seen in the coming days. Let us also tell you what the price of gold has become in the country’s capital Delhi at present and how much increase has been seen in the prices of gold in April and the current year.

gold at record level

Due to increase in demand as a safe investment option, gold rose by Rs 350 to reach a life time high of Rs 71,700 per 10 grams in the bullion market of the national capital Delhi on Monday. In the last trading session, gold had closed at Rs 71,350 per 10 grams. Silver price also jumped by Rs 800 and closed at a new high of Rs 84,000 per kg. In the previous trading session, it had closed at Rs 83,200 per kg. HDFC Securities Research Analyst Saumil Gandhi said that taking cues from the strong trend in overseas markets, the spot price of 24 carat gold in Delhi markets was trading at Rs 71,700 per 10 grams, which is an increase of Rs 350 from the previous closing price. Is.

How much did gold become expensive in the current year?

There has been a huge rise in the price of gold in Delhi in the month of April. According to the data, on March 31, the price of gold in Delhi bullion market was Rs 67,350 per ten grams. Which has currently reached Rs 71,700 per ten grams. This means that in the current month the price of gold has seen an increase of Rs 4350. If we talk about the current year, there has been a significant increase in gold prices so far in 2024. This year the price of gold has increased by Rs 7,700. In the foreign market Comex, spot gold was trading at $ 2,336 an ounce, which is seven dollars stronger than the previous closing price. Apart from this, silver prices are also increasing at $ 27.80 per ounce. In the last session it had closed at $ 27.45 an ounce.

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What do experts say?

Gandhi said traders ignored the encouraging US jobs report and instead focused on bullion’s bullion trend that has been going on for a few weeks. Due to this, the price of gold reached another record high on Monday. Jatin Trivedi, Vice President, Research Analysis Department, LKP Securities, said gold prices continued to rise, reaching $ 2,350 an ounce in the early hours of the morning, supported by a surge in global COMEX prices.

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Brijesh Pratap
Brijesh Pratap

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