became cheaper due to this and buy gold and silver, know the rates today

Due to weak demand and strengthening rupee, 10 grams of gold prices fell by Rs 95 in Delhi Bullion Market on Tuesday. Like gold, silver prices also fell (Silver Prices Today). The price of one kilogram of silver declined by Rs 128.
new Delhi. On Tuesday, the second trading day of the week, there has been a big fall in gold prices. Due to weak demand and strengthening rupee, 10 grams of 99.9 percent gold prices fell by Rs 95 in the Delhi bullion market on Tuesday. Like gold, silver prices also fell (Silver Prices Today). The price of one kilogram of silver declined by Rs 128. Experts say that an agreement has been reached between the US and China on the trade war. That is why the trend of gold has shifted to investors from all over the world.

The new price of gold - On Tuesday, the price of 24-carat gold in Delhi Bullion Market was reduced from Rs 38,555 to Rs 38,460 per 10 grams. On Tuesday, gold was trending at $ 1,463 an ounce and silver at $ 16.62 an ounce in New York.

Silver became cheaper - due to the fall in prices, the price of one kg of silver has come down to Rs 44,607. Let us know that silver closed at Rs 44,735 per kg on Monday. This fall in silver prices has been recorded due to reduced buying by industrial units and coin traders. 


What is the reason for the fall in gold and silver prices? - Tapan Patel, Senior Analyst (Commodities), HDFC Securities, said that due to weak domestic demand and strengthening rupee, the price of gold has decreased. Apart from this, the new US tariff deadline is seen selling on a global level due to the possibility of the initial trade deal between the US and China before December 15, which has led to a fall in prices.

After all, why the price of pure gold is different in every city-The The price you buy gold from jewelers is the spot price. The members of the bullion association of most cities decide the price at the time of market opening. Experts say that the prices are declared in the MCX futures market by adding VAT, levy and cost. Prices go there all day. This is the reason why the prices of gold in different cities are different. In addition, the price of gold in the spot market is decided on the basis of purity. The price of 22 carat and 24 carat gold varies. 

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