Silver price jumps by Rs 2,058: Gold prices rise due to increase in spot demand, see latest price
Delhi. Gold prices rose by Rs 851 to Rs 1,54,799 per 10 grams in futures trade on Thursday as speculators made new deals amid strong spot demand. On the Multi Commodity Exchange (MCX), gold contracts for delivery in May rose by Rs 851, or 0.55 per cent, to Rs 1,54,799 per 10 grams.
1,064 lots were traded in this. According to analysts, the rise in gold prices was due to new deals being made by market participants. Globally, gold futures in New York rose 0.77 percent to $ 4,828.17 an ounce.
Amid new uncertainty over US trade policy, silver prices rose 0.82 percent to Rs 2,53,800 per kg in futures trade on Thursday. On the Multi Commodity Exchange (MCX), silver for delivery in May rose by Rs 2,058, or 0.82 per cent, to Rs 2,53,800 per kg.
2,095 lots were traded in this. According to analysts, the rise in silver prices was due to new deals being made by market participants. In the international market, the futures price of silver on Comex rose by $ 80.41 or 1.84 percent to $ 90.44 an ounce.
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