Due to the improvement in the price of gold in the international market, the price of this precious metal has been recorded in Indian markets today i.e. on 3 May 2021. At the same time, the price of silver (Silver Price Today) has also increased. During the last trading session, gold had closed at Rs 46,270 per 10 grams in Delhi Bullion Market. At the same time, silver had closed at Rs 66,849 per kg. In the international market too, the spot price of gold was recorded today, while the price of silver also rose marginally.
New Gold Prices (Gold Price, 3 May 2021)
On Monday, gold prices rose by Rs 310 per 10 grams in Delhi Bullion Market. In the capital Delhi (Delhi), the new price of gold of 99.9 grams purity has now been Rs 46,580 per 10 grams. Earlier in the trading session, gold had closed at Rs 46,270 per 10 grams. At the same time, the spot price of gold rose to $ 1,777 an ounce in the international market today.
New Silver Prices (Silver Price, 3 May 2021)
Silver prices today moved up sharply. On Monday, silver prices jumped by Rs 580 to reach Rs 67,429 per kg in Delhi Bullion Market. Earlier in the trading session, silver had closed at Rs 66,849 per kg. Silver today recorded a slight rise in the international market and reached $ 26.06 an ounce.
Why gold and silver boom?
HDFC Securities Senior Analyst Tapan Patel said that on Monday the commodity exchange of New York saw a rise in the spot price of gold. It also had an impact on the Indian bullion market. Apart from this, due to the weakness in the dollar against the currencies of other countries, the price of gold in the international market was also strong. However, he said that during the initial trading today, the rupee slipped 24 paise to 74.33 against the dollar.