New Delhi: Gold prices have set a new record. Due to the boom in the last 16 sessions, gold in the domestic bullion market finally turned 57 on Friday. In the spot market, the price was recorded at Rs 57,008 per ten grams. Along with gold, silver prices also moved up. Silver rose by Rs 576 to Rs 77,840 per kg.
At the end of Thursday’s trade, silver was at Rs 77,264 per kg. While the price of gold had reached Rs 57,003 per ten gram by the end of the session. However, in the spot market, the price was recorded at Rs 56,590 per ten grams. Gold and silver prices are at record highs according to HDFC Securities.
However, there was some moderation in the spot price of gold and silver in the international market. Gold was trading at $ 2,061 an ounce, while silver was recorded at $ 28.36 an ounce.
Says Tapan Patel, Senior Analyst (Commodity), HDFC Securities, “The 24-carat gold spot price in Delhi rose to a new high of Rs 6. Gold prices rose for the 16th consecutive day in the country. “
