Gold Price Today 26 May 2023 Latest Update

Gold Price Today: Gold prices continue to fall, silver prices also fall, know the cheapest price –

Today’s rate of gold: – Gold fell by Rs 160 to Rs 60,080 per 10 grams in Delhi bullion market on Friday amid a weak global trend. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 60,240 per 10 grams. However, silver gained Rs 360 to Rs 72,500 per kg.

In Delhi markets, gold was trending at Rs 60,080 per 10 grams, down by Rs 160 per 10 grams. On the other hand, gold was trading lower at $1,953 an ounce in the overseas market, while silver was trading at $23.10 an ounce.

What is the rate of gold today?

Gold prices declined in Asian trading hours on Friday. Gold prices have come under pressure this week after US Fed officials advocated for more action to curb inflation. Investors were hoping the Fed would slow down on rate hikes, but their hopes appear to have been dashed.

gold price increased

Due to strong demand in the market, speculators created fresh positions, due to which gold prices rose by Rs 140 to Rs 59,600 per 10 grams in futures trade on Friday. On the Multi Commodity Exchange, gold contracts for delivery in June rose by Rs 140, or 0.24 per cent, to Rs 59,600 per 10 gram in a business turnover of 4,768 lots.

Analysts said fresh buying by traders mainly mainly influenced the rise in gold prices. Globally, gold was trading 0.65 per cent higher at $1,975 an ounce in New York.

Silver prices rise on spot demand

Silver prices rose by Rs 578 to Rs 70,820 per kg in futures trade on Friday as traders widened their holdings due to strong demand in the spot market. On the Multi Commodity Exchange, silver for delivery in July rose by Rs 578, or 0.82 per cent, to Rs 70,820 per kg, with a business turnover of 14,549 lots.

Market analysts attributed the rise in silver prices to fresh buying by traders amid positive domestic sentiment. Globally, silver rose 1.29 per cent to USD 23.21 an ounce in New York.

Where is the price of gold?

Today Gold Silver Rates: According to Good Returns, at the time of writing the news, the gold prices in the bullion market are as follows-

10 grams of 24 karat gold in Delhi is Rs.60,860.
In Jaipur, 10 grams of 24 carat gold is being sold for Rs.60,860.
Gold rate in Patna is Rs.60,760 for 10 grams of 24K.
Gold rate in Kolkata is Rs.60,710 for 10 grams of 24K.
In Mumbai, 10 grams of 24 carat gold is being sold for Rs.60,710.
60,760 for 10 grams of 24K gold in Bangalore.
24K Gold price in Hyderabad is Rs.60,710 for 10 grams.
Gold rate in Chandigarh is Rs.60,860.
24 Karat Gold rate in Lucknow is Rs.60,860 for 10 grams.

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