Gold-Silver Rate: Gold returns again, silver glows reduced, learn 10 grams of gold latest price

New Delhi: The fall in gold for three days came to an end on Tuesday and the price of gold reached Rs 88,790 per 10 grams on Tuesday in the bullion market of the national capital amidst a strong global trend. The All India Bullion Association gave this information. In the national capital, gold with 99.9 percent purity rose by Rs 40 to close at Rs 88,790 per 10 grams, first closed at Rs 88,750 per 10 grams. At the same time, gold with 99.5 percent purity also rose by Rs 40 to Rs 88,390 per 10 grams.

However, silver fell by Rs 350 to Rs 98,900 per kg. On Monday, the price of silver closed at Rs 99,250 per kg. In global markets, April delivery comes gold futures rose by $ 19.30 to $ 2,918.70 an ounce. Meanwhile, the spot gold rose 0.82 percent to $ 2,912.43 an ounce.

Why the price of gold started growing?

Jatin Trivedi, vice -president of the Department of Commodity and Currency of LKP Securities, said that gold gained momentum due to signs of economic uncertainty due to weakness in the dollar index and increasing concerns related to fees in the US. Shopping for safe investment remained strong, ETF flow supported the perception of rapid fasting perception. Comex silver futures in the Asian market rose by 1.44 percent to $ 33 an ounce.

Donald Trump's comments

According to Saumil Gandhi, Senior Analyst (Commodity), HDFC Securities, the market participants are keeping an eye on the comments of President Donald Trump and are assessing how the fee case will proceed in the near future. Gandhi said that US job opportunities figures on the large front would be released on Tuesday.

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In international markets, the price of April delivery, the price of gold futures fell by 0.32 percent to $ 2,904.80 an ounce. Meanwhile, the spot gold also fell 0.13 percent to $ 2,905.31 an ounce. Mehta Equality Limited Vice President-President Rahul Kalantar said that gold and silver benefited from the recent high levels due to the rise in the US bond reward. The US administration's decision to postpone the fee on Mexico for a month further increased the cautious sentiment.