Even before the start of Diwali festival, a huge jump has been seen in the price of gold. On Friday, there was a strong rise in the price of gold not only in Delhi Bullion Market but also on Multi Commodity Exchange. In the last one month, the price of gold has increased by Rs 4100. According to the information, the price of gold has increased due to geopolitical tension and increased demand for gold during the festive season. The price of gold will increase in the coming days. On the day of Dhanteras, the price of gold on MCX can reach close to Rs 80 thousand.
Gold prices in Delhi are at record levels
According to the information, due to strong demand during the festive season, gold rose by Rs 550 to a record high of Rs 79,900 per 10 grams in the bullion market of the national capital Delhi on Friday. In the last trading session on Thursday, gold of 99.9 percent purity had closed at Rs 79,350 per 10 grams. For the third consecutive day, gold of 99.5 percent purity reached Rs 200. 550 to Rs. Rs 79,500 per 10 grams touched a new high. In the previous session, it had closed at Rs 78,950 per 10 grams. Meanwhile, silver increased by Rs 1,000 to Rs 94,500 per kg. On Thursday, silver remained stable at Rs 93,500 per kg.
Gold made record on MCX!
Gold prices reached a record high on Friday in the country's futures market Multi Commodity Exchange. During the trading session, the price of gold was seen at Rs 77,839 per ten grams. When the market closed late night, gold prices closed at Rs 77,749 per ten grams. However, in the morning the price of gold was seen at Rs 77,249. On Friday, gold prices closed with a rise of more than Rs 600. According to experts, the price of gold may increase further in the coming days.
How much did it increase in a month?
The price of gold on the Multi Commodity Exchange has increased rapidly in the last one month. In the last one month, an increase of 5.61 percent has been seen in the price of gold. That means an increase of 4132 has been seen in the price of gold. On September 18, the price of gold was Rs 73,707 per ten grams. Whereas on October 18, the price of gold reached its highest ever level of Rs 77,839 per ten grams. According to experts, in the coming days i.e. by Dhanteras, the price of gold can reach Rs 80 thousand.
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