Gold Price in International Market
Apart from this, the decline in gold has also been observed here today. Gold in the US is trading at a rate of $ 1,837.92 per ounce, down by $ 4.35. At the same time, silver is trading at a low of $ 0.18 to $ 26.86.
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Gold-silver rate on 11 February 2020 in Delhi
>> 22 carat gold price – Rs 46910
>> 24 carat gold price – Rs 51170
>> Silver Price – Rs 68400
Gold and silver price in Delhi bullion market on Wednesday
On Wednesday, there was a slight reduction in the price of gold in Delhi Sarafa Bazar by Rs 38 per 10 grams. In the capital Delhi (Delhi), the price of gold of 99.9 grams purity was Rs 47,576 per 10 grams. At the same time, there was a drop in silver prices in Delhi Bullion Market on Wednesday. On Wednesday, its price fell by Rs 783 to reach Rs 68,884 per kg.
Gold ETF increased in January
Invested Rs 625 crore in Gold Exchange Traded Funds (ETFs) in January, which was 45 per cent higher than the previous month. According to AMFI data, investment in gold ETFs increased by 22 percent to Rs 14,481 crore at the end of January from Rs 14,174 crore at the end of December.
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Know what is the opinion of experts
According to the money control news, market experts have advised investors to invest in gold at a price of Rs 47,580 deep, to make a profit by selling it at a target of Rs 49,100 per 10 grams. Prithvi Finmart director Manoj Jain told Moneycontrol that the price of gold and silver will continue to fluctuate. Gold can face resistance of $ 1858 and silver $ 28.55.