Gold Silver Price Today: Gold prices rise due to spot demand, silver prices also rise, know today’s rate
Delhi. Gold prices rose by Rs 848 to Rs 1,60,521 per 10 grams in futures trade on Friday as speculators made fresh deals due to strong spot demand. On the Multi Commodity Exchange (MCX), the price of gold contract for April delivery was up by Rs 848 or 0.53 per cent at Rs 1,60,521 per 10 grams.
1,272 lots were traded in this. Analysts said the rise in gold prices was due to fresh purchases by participants. There was also a bullish trend at the global level, where gold futures in New York were trading 0.70 percent higher at $ 5,115.76 an ounce.
Silver price rises to Rs 2.65 lakh per kg
Amid uncertainty over US trade policy and tensions in West Asia, the price of silver rose 1.24 percent to Rs 2,65,447 per kg in futures trade on Friday. On the Multi Commodity Exchange (MCX), silver for May delivery rose by Rs 3,256, or 1.24 per cent, to Rs 2,65,447 per kg. 1,208 lots were traded in this.
According to analysts, global geopolitical instability and fluctuations in the US dollar have supported silver prices as investors made fresh purchases as safe haven investments. There was also a bullish trend in foreign markets, where Comex silver futures in New York were up 1.63 percent at $ 83.58 an ounce.
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