Gold-Silver Price Today: Gold became costlier by Rs 20,180 in a year, brakes on silver, see today's latest price

New Delhi: Amid a positive global trend, the price of gold rose by Rs 170 to a new record high of Rs 82,900 per 10 grams in the bullion market of the national capital on Thursday. All India Bullion Association gave this information. On Wednesday, gold was at Rs 82,730 per 10 grams. The price of gold increased by Rs 20,180 i.e. 32.17 percent to Rs 82,900 per 10 grams in about a year.

Earlier on February 23, 2024, it was Rs 62,720 per 10 grams. Continuing its gains for the seventh consecutive session, gold of 99.5 per cent purity rose by Rs 170 to an all-time high of Rs 82,500 per 10 grams. In the last trading session it was at Rs 82,330 per 10 grams.

Silver fell by Rs 500

In the last seven trading sessions, the prices of gold of 99.9 and 99.5 percent purity have increased by Rs 2,320-2,320. However, the price of silver declined by Rs 500 to Rs 93,500 per kg. On Wednesday it was at Rs 94,000 per kg. Bullion traders said the rise in precious metal prices was due to rising demand from jewelers and retailers as well as a strong trend in international markets. In overseas markets, Comex gold futures fell by $ 13.20 an ounce to $ 2,757.70 an ounce.

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Gold rising towards record high

Saumil Gandhi, Senior Analyst (Commodities), HDFC Securities, said gold prices remained stable to negative on Thursday due to improvement in the US dollar and bond rewards. According to Renisha Chainani, head of research at Augmont, gold is heading towards record highs. Newly elected US President Donald Trump's comments on tariff rates are adding to the bullish momentum. In the Asian market, silver Comex futures fell 1.03 percent to $ 31.10 an ounce.