Gold and Silver Prices in India

The price of gold has fallen in the bullion market. Gold rate dropped by Rs 73 on December 11. Along with this, the price of gold has come down by Rs 200 this week. Due to this, the price of gold has now come to Rs 38,486 per 10 grams in the national capital.

Gold and Silver Prices in India
Gold and Silver Prices in India

The price of gold has fallen in the bullion market. Gold rate dropped by Rs 73 on December 11. Along with this, the price of gold has come down by Rs 200 this week. Due to this, the price of gold has now come to Rs 38,486 per 10 grams in the national capital.

According to HDFC Securities, the price of gold declined last week after the Rupee strengthened. Earlier on Tuesday, gold had closed at Rs 38,559 per 10 grams in Delhi.

Price of 24 carat gold also decreased by 73 Rupees

Tapan Patel who is Senior Analyst (Commodity) of HDFC Securities said that the price of 24 carat gold went down by Rs 73 on Wednesday. He said that the fall in the price was seen due to the strengthening of the rupee against the dollar. Patel said that in early trade on Wednesday, the spot rupee was trading 12 paisa stronger at 70.80 against dollar.

Silver prices

Along with gold, the price of silver also dropped in the bullion market. Silver fell by Rs 89 on Wednesday. Due to this drop in prices, the rate of one kg of silver has come down to Rs 44,640. The price of silver on Tuesday was Rs 44,729 per kg.