Gold Price in International Market: In the international market, gold was flat at $ 1,815 an ounce and silver was flat at $ 26.96 an ounce. “Gold prices trade as the dollar index weakens,” said Tapan Patel, senior analyst (commodities) at HDFC Securities.
Gold Price Today: In the Delhi bullion market, 22 k gold is priced at Rs 46,390 per 10 grams, while in Mumbai the yellow metal was trading at Rs 46,430. In Chennai, the rate of 10 grams 22 carat gold was 44,650 while the price of 24 carat was 48,710 rupees.
Also read: Invest here to know about Future Secure, know about the best saving scheme of Post Office and LIC…
Silver Price Today: A decrease in silver prices was also recorded on Saturday. Now its price has come down by Rs 347 to Rs 67,894 per kg.
Experts say that after the profit-booking in the US equity market and the rise in bitcoin prices, gold and silver are seeing weakness. He says that for some time the yellow metal can be seen trading around 47,200. In its first session, gold fell by 1 per cent and silver by 0.33 per cent. Thus, gold has become cheaper by around Rs 9,000 from the highest level of Rs 56,200 in August 2020.