Gold price today: In view of the increasing cases of corona abroad, investors will also turn towards gold. In such a situation, gold can show a boom in the new year also.
Gold price today: Gold-Silver (Gold-Silver) prices seem to be making a good move these days. Due to the festive season and weddings, the demand for gold and silver has gone up. In Friday’s trading, the price of 10 grams of gold again crossed Rs 49,000 after 5 months. According to the website of India Bullion and Jewelers Association (IBJA), gold has become costlier by Rs 769 to Rs 49,140 in Delhi’s bullion market on Friday. Earlier in June 2021, the rate of gold had crossed Rs 49,000.
big jump in silver
There has also been a rise in the price of silver. On Friday, silver once again went out above Rs 66 thousand in Delhi’s bullion market. On Friday, the price of 1 kg of silver stood at Rs 66,348. During this, a jump of Rs 1,792 was seen in the prices. According to experts, the price of gold and silver may continue to rise.
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Gold and silver also shine in the futures market
Gold and silver shine in the futures market. On MCX, gold is trading at Rs 49,306 with an increase of Rs 452. At the same time, silver has also increased by Rs 727 to Rs 66,605.
Gold 7 thousand rupees away from record high
From the point of view of investors, there is still an opportunity to invest in gold. Actually, the price of gold is still trading 7 rupees below its record high. Gold has shown a level of Rs 56,200 in the year 2020 at the time of Corona. At the same time, gold is still 7 thousand rupees cheaper for common buyers. At present, the prices are Rs 49,140, which is Rs 7,060 per 10 grams cheaper than the record high.
Gold shines in New York too
In the international market, gold has reached $ 1,861.24 an ounce. In New York also, the price of gold had reached the level of $ 1861 per ounce in June. Here too after 5 months gold has returned to this level. Silver has also reached $25 an ounce.
What is the opinion of the expert?
According to Anuj Gupta, Vice President (Commodity & Currency), IIFL Securities, the demand for gold has picked up due to festivals and weddings. Right now this demand can continue for the next two months. By the end of the year gold could be 50 thousand. At the same time, in view of the increasing cases of corona abroad, investors will turn towards gold. In such a situation, gold can show a boom in the new year also.