Gold Silver Price today: After the fall in the price of gold and silver in the domestic bullion market on Tuesday, it saw a rise again today.
New Delhi. After a two-day steep decline, gold prices were seen rising in the Indian bullion market today. Gold opened at 0.2% up on MCX. With which, today the latest price of gold has gone up to Rs 47,947 per 10 grams. At the same time, the price of silver also rose by 1.5 percent (Rs 1000 per kg) to Rs 68,577 per kg. Due to the changes in the global market, silver prices had fallen by about 6000 rupees in the past days. In the last trading session, the price of gold had closed at Rs 47,702 per 10 grams in Delhi Bullion Market.
Gold prices rose 0.4% to $ 1,844.48 an ounce in the global markets due to the strengthening of the US dollar. Silver futures rose 3.2% today to $ 27.25 an ounce after losing 8% in the previous session.
Today’s price of goldGold opened up 0.2% on MCX. With this, fresh gold became Rs 47,947 per 10 grams.
Silver price – On the other hand, the price of silver also rose by 1.5 per cent (Rs 1000 per kg) to Rs 68,577 per kg.
Tremendous decline in two days – Gold price fell by Rs 480 per 10 grams in Delhi Bullion Market on Tuesday. At the same time, a tremendous decrease in the price of silver was recorded. During the last trading session on Monday, gold had closed at Rs 48,182 per 10 grams in Delhi Bullion Market. At the same time, silver had closed at Rs 73,219 per kg. Gold and silver prices had also declined in international markets.
5% import dutyFinance Minister Nirmala Sitharaman has announced a huge cut in the import tax on gold and silver in the budget presented for the financial year 2021-22. There is a 5 percent reduction in import duty on gold and silver. At present, 12.5 percent import duty has to be paid on gold and silver. Only a 7.5 percent import duty will have to be paid after deducting 5 percent. This will see the fall in the prices of gold and silver.
