Today, gold prices fell in Delhi Sarafa market.
Gold Silver Price, 12 April 2021: Gold prices remain above Rs 46 thousand per 10 gram even after a slight fall on Monday. At the same time, the price of silver (Silver Prices Today) decreased marginally by Rs 270 per kg. According to experts, the impact of the fall in the spot price of gold in the international market has also seen the price of gold in Indian markets.
New Gold Prices (Gold Price, 12 April 2021)
On Monday in the bullion market, a slight rise of Rs 57 per 10 grams was recorded in the price of gold. The new price of 99.9 grams purity gold has now reached Rs 46,070 per 10 grams in the capital Delhi. Earlier in the trading session, gold had closed at Rs 46,127 per 10 grams. At the same time, the price of gold in the international market fell to $ 1,738 an ounce today.
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There was a downward trend in silver prices also today. On Monday, silver prices fell by Rs 270 to Rs 66,043 per kg in Delhi Sarafa Bazar. Earlier in the trading session, silver had closed at Rs 66,313 per kg. There was no significant change in the price of silver in the international market today and it remained at $ 25.08 an ounce.
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Why the decrease in the price of gold
According to HDFC Securities Senior Analyst (Commodities) Tapan Patel, gold prices fell in Indian markets as well, due to falling gold prices at the New York-based commodity exchange. However, there is not much difference in it. At the same time, due to the increase in new cases of corona virus, people are again turning to a safe investment option. This will support gold prices.