There has been an increase in the price of Gold and Silver Prices Raised. The price of gold has gone up to Rs 52,672 per 10 grams.
New Delhi. The prices of gold and silver (Gold Silver Prices Raised) have increased in the country today. In the national capital, the price of gold has increased by Rs 224 to Rs 52,672 per 10 grams on Friday. Talking about the price of silver, it has increased by Rs 620 to Rs 69,841 per kg. Let us know that not only gold but silver rate was also recorded on Thursday. On Thursday, the price of silver had decreased by Rs 1,214 per kg.
New Gold Prices (Gold Price on 18th September 2020) - According to HDFC Securities, gold rose by Rs 224 to Rs 52,672 per 10 grams today. In its last session i.e. on Thursday, gold fell by Rs 608 to close at Rs 52,463 per 10 grams. In the international market, gold was US $ 1,954 an ounce.
New Silver Price (Silver Price on 18th September 2020) - According to HDFC Securities, Silver gained Rs 620 to Rs 69,841 per kg. After the trading session on Thursday, silver was down by Rs 1,214 to close at Rs 69,242 per kg. Similarly, the price of silver in the international market was $ 27.13 an ounce. Rising prices
due to this
, in the context of increased price of gold and silver, senior analyst (commodities) of HDFC Securities Tapan Patel said that this was affected by the rise in international prices and the strengthening of the rupee against the US dollar.
Explain that India is the second largest buyer of gold after China. Gold attracts 12.5 per cent import duty and three per cent GST on gold in India. Gold prices in India have risen by about 30 percent this year. Gold imports in India increased to $ 3.7 billion in August from $ 1.36 billion in the same month last year.