New Delhi: On Friday, on the occasion of Maha Shivaratri, there was a holiday in Delhi Sarafa Bazar, due to which the business was not done. At the same time, both the precious metals have registered a sharp rise in the global market.
According to information from London and New York, gold spot rose by $ 12.25 to around $ 881.02 to reach $ 1633.85 (Rs 117506.49) an ounce and April gold futures rose $ 2.70 to $ 1619.30 an ounce. Explain that one ounce is equal to 28.3495 grams.
During this time, the silver spot rose by $ 0.14 to $ 18.52 an ounce. Investors have turned to precious metals for safe investment as news of the rise in corona virus cases in China.
The stock market has also declined globally. As far as the bullion market of Delhi is concerned, according to the traders here, there was a holiday in the local market. Wholesale was not traded while retail was traded.
