Gold Price Today- Gold prices have fallen again once again. Due to the strengthening of the rupee, buying gold in Delhi became cheaper. Come learn new expressions
New Delhi. Gold and silver prices are falling in the domestic market due to falling international prices and the strengthening of the Indian Rupee Strong. On Wednesday, the price of 10 grams of gold fell by Rs 614 in the Delhi Gold Market. At the same time, the price of 1 kg silver has come down by Rs 1,799. - Experts tell that due to ups and downs in the global currency, there are fluctuations in gold and silver. However, looking at the latest figures of the manufacturing PMI, it seems that manufacturing activities are increasing worldwide. In such a situation, gold prices may fall once again.
New Gold Prices (Gold Price on 02 September 2020) - According to HDFC Securities, the price of 24 carat gold in Delhi bullion market fell from Rs 52,928 per ten gram to Rs 52,314 per ten gram on Wednesday. During this period, the prices have fallen by Rs 614 per 10 grams. At the same time, the price of 99.9 per cent gold in Mumbai has slipped below Rs 51500. On Wednesday, the price of 24 carat gold came to Rs 51024 per ten grams.
New Silver Prices (Silver Price on 02 September 2020) - Like gold on Wednesday, silver prices have also seen a fall. The price of one kilogram of silver has fallen from Rs 73,001 to Rs 71,202 in Delhi Bullion Market. During this period, the prices have fallen by Rs 1,799. At the same time, the price of silver in Mumbai has come down to Rs 66356 per kg.
Now what to expect next - If the experts believe, there may be pressure on gold prices for the next few days. Because the economic data is getting better. That is why there is a strong trend in the stock markets. Gold has come down to $ 1,970 an ounce on Comex. The recovery in the dollar has put pressure on prices. Gold is under pressure from the good manufacturing figures of the US. Manufacturing in the US is at an upper level of 2 years.