There has been a tremendous fall in the price of gold in Indian markets today. On Wednesday, 17 February 2021, the price of gold decreased by Rs 717 per 10 grams in Delhi Bullion market. Whereas, Silver price today fell sharply by Rs 1,274 per kg. Previous traders During the session, gold had closed at Rs 46,819 per 10 grams in Delhi Sarafa Bazar. At the same time, silver had closed at Rs 69,513 per kg. In the international markets (International Markets), gold prices fell today, while silver prices remained the same.
New Gold Price (Gold Price, 17 February 2021) –
Gold prices fell by Rs 717 per 10 grams in Delhi Sarafa Bazar on Wednesday. The new price of 99.9 grams purity gold in the capital Delhi (Delhi) is now Rs 46,102 per 10 grams is done. Earlier in the trading session, gold had closed at Rs 46,819 per 10 grams. At the same time, the price of gold in the international market also decreased sharply today to reach $ 1,786 an ounce.
Why Gold entered the decline –
According to Tapan Patel, Senior Analyst (Commodities) of HDFC Security, gold prices fell very fast in international markets today. Its effect was clearly visible in Indian markets. As a result, the spot price of gold in Delhi Sarafa Bazar fell by Rs 717 per 10 grams. He told that due to the weakness of the dollar, the prices of gold in the Indian markets are being affected.
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