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The last few sessions have seen a strengthening of gold prices. The domestic spot market has also seen a good rally in gold. The stock market and the bullion market are closed on the occasion of Dussehra on Friday. However, gold and silver are showing modest gains in the international market. If you take a look at GoldPrice.org Indians in the international market At 10.00 am, gold on the MCX fell 0.01 per cent. Silver also fell by 0.07 per cent to 23 23.52 an ounce.
Speaking of the domestic market, spot gold prices rose on Thursday. At the Delhi Bullion Market, gold rose by Rs 455 to Rs 46,987 per 10 grams yesterday. As a result, gold closed at Rs 46,532 per 10 grams in the previous session. At the same time, silver also rose by Rs 894 to close at Rs 61,926 per kg. It had closed at Rs 61,032 per kg in the previous session. The futures market also saw a rebound. Gold here rose by Rs 44 to Rs 47,960 per 10 grams. Gold is in the range of Rs 47,900 to Rs 48,100, which is about Rs 8,000 cheaper than its record high. At the moment, gold is showing strength again. Prices are expected to rebound in the coming weeks.
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