New Gold Prices (Gold Price, 5 January 2021) – On Tuesday, the price of gold in Delhi bullion market rose by Rs 335 per 10 grams. The new price of 99.9 grams of purity gold in the capital Delhi (Delhi) has now gone up to Rs 50,969 per 10 grams. Gold had closed at Rs 50,634 per 10 grams in its first trading session. At the same time, the price of gold in the international market remained at today’s level of $ 1,942 an ounce.
New Silver Prices (Silver Price, 5 January 2021) – Talking about silver, it recorded a slight rise on Tuesday. Today, the price of silver has been increased by just Rs 382 per kg in Delhi bullion market. Now its price has reached Rs 69,693 per kg. In the international market today, the price of silver closed at $ 27.30 an ounce. The price of silver remained the same in the international market yesterday. Read also- China company gets contract in Delhi-Meerut RRTS amidst border dispute! Will make tunnel more than 5 km long
Why the boom in precious metals – HDFC Securities Senior Analyst (Commodities) Tapan Patel said that even after the prices of gold and silver remained stable in the international markets, the price of both precious metals has registered a surge in Indian markets. At the same time, the rupee has fallen against the dollar. The rupee declined 13 paise to 73.15 against the dollar. Due to this, the price of gold has jumped. At the same time, people are still considering gold as safer for investment than all other options. In such a situation, there is a tremendous purchase in Gold. Due to this, the trend of both precious metals continues.