Gold prices have risen sharply today.
Gold Silver Price, 1 December 2020: Gold price has risen in the domestic market today. Also, silver rose by Rs 1,04,646 per kg. According to experts, rising prices of gold and silver in the international market and depreciation of the rupee have pushed up the prices of both the precious metals in the Indian market.
- Last updated:
December 1, 2020, 12:12 pm IST
New Gold Prices (Gold Price, 1 December 2020) – On Tuesday, gold rose by Rs 5,114 per 10 grams in the Delhi bullion market. In the capital Delhi (Delhi), the new price of .999.9 grams of purity has now reached Rs 48,874 per 10 grams. In the first trading session, gold closed at Rs 48, 48 and 10 per 10 grams. At the same time, the price of gold in the international market has reached 8 1845 per ounce.
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New Silver Prices (Silver Price, December 15, 2020) – Speaking of silver, it also recorded a sharp rise on Tuesday. Today, silver rose by Rs 1,04646 per kg in the Delhi Bullion Market. It is now priced at Rs 63,612 per kg. Silver traded at .1 2.16.16 in international trade today. Relief for the common man Retail inflation falls, food and beverage prices become cheaper
Why the decline in precious metals – Navneet Damani, vice-president (commodities) of Motilal Oswal Financial Services (HDFC Securities), said the Indian rupee depreciated by 8 paise against the dollar on Tuesday to 73 73..63. Meanwhile, rising international prices of gold and silver have affected the prices of both the precious metals in the Indian market. However, positive news about the corona vaccine puts pressure on gold prices.