Gold Silver Price, 8 September 2021: The fall in gold prices continued on Wednesday. On the contrary, the price of silver has registered a rise today. According to experts, due to the strengthening of the dollar, the prices of gold in the Indian market have come down.
New Delhi. The trend of decline in the price of gold in the Indian bullion market continues. Today i.e. on 8 September 2021 also, a decrease in gold prices was recorded in the Delhi bullion market. On the contrary, there has been an increase in the price of silver today. During the last trading session, gold had closed at Rs 46,404 per 10 grams in the Delhi bullion market. At the same time, silver closed at Rs 63,464 per kg. Unlike the Indian bullion markets, gold prices increased in the international market today, while there was no significant change in silver.
Gold is getting cheaper by more than Rs 10 thousand,
in the bullion market in Delhi on Wednesday, a fall of Rs 264 per 10 grams was recorded in the price of gold. In the national capital, gold of 99.9 grams purity today closed at Rs 46,140 per 10 grams. On this basis, gold is getting cheaper by Rs 10,060 per 10 grams as compared to its highest level. Let us tell you that in August 2020, gold touched the highest level of Rs 56,200 per 10 grams. On this basis, there is still an opportunity to invest in gold. Actually, according to experts, this year gold prices can cross the level of 60 thousand rupees. At the same time, the price of gold rose to $ 1,798 an ounce in the international market today.
The new price of
silver: The price of silver today showed an upward trend in contrast to gold. Silver prices on Wednesday rose marginally by Rs 22 to close at Rs 63,486 per kg in the Delhi bullion market. At the same time, there was no big change in the price of silver in the international market today and it reached $ 24.37 an ounce.
Why Gold Decrease
HDFC Securities Senior Analyst (Commodities) Tapan Patel said that due to the strengthening of the dollar, gold prices are still trading below $ 1,800 an ounce. In the international market, gold recorded some improvement today from the previous fall. However, due to the ongoing turmoil in the international market, today the prices of gold in Indian millet have registered a fall.
