Gold Rate Update: New Delhi: Once again gold has become 50 thousand. After a long time, the price of gold has gone beyond Rs 50,000 per 10 grams. On Monday, on the second trading day of New Year 2021, the price of gold and silver rose.
Gold prices rose by Rs 877 to Rs 50,619 per 10 grams in Delhi Bullion Market. Earlier, gold closed at Rs 49,742 per 10 grams on January 1, the first trading day of the year. On the other hand, silver saw a good rise on Monday. Silver rose by Rs 2,012 to Rs 69,454 per kg. Earlier on Friday, January 1, the price of silver was Rs 67,442 per kg.
According to the rate published on the website of the India Bullion and Jewelers Association, on January 4, the price of 24 carat purity gold is trending at Rs 50925 per 10 grams. At the same time, the price of 23 carat gold reached Rs 50721 per 10 grams. At the same time, the price of 22 carat gold rose to Rs 46647 per 10 grams. While the price of 18 carat gold is Rs 38194 per 10 grams.
The international market also saw a rise in the price of gold and silver on Monday. On January 4, gold rose sharply to $ 1,935 an ounce in the international market and silver also rose to $ 27.30 an ounce. In addition, the global spot price of gold was currently trading at $ 1,934.74 an ounce, rising 1.90 percent or $ 36.07. Silver's global spot price appeared to be trading up 3.59 percent or $ 0.95.
According to bullion market experts, the price of gold can go up to Rs 60-65 thousand per 10 grams this year. At the same time, silver can go up to 90 thousand rupees in the next two-three months. These people say that the impact of good news about the Corona vaccine is affecting the price of gold at the global level.
Let us tell you that even in 2020, gold and silver have given tremendous returns to investors. In 2020, gold has given 27 per cent returns to investors and silver has given around 50 per cent. In August 2020, the price of gold had reached an all-time high of Rs 56,200 per 10 grams. At the same time, silver also reached around Rs 80,000 per kg.
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