New Delhi: Gold and silver prices rose for the second consecutive day. Today, gold prices rose by Rs 330 in the bullion market of Delhi. The silver rate also rose by Rs 730.

Gold and silver are gaining momentum as international signals and festival season demand begins. In the bullion market of Delhi, the price of gold rose by Rs 330 to Rs 39020.

Silver rose by Rs 730 to Rs 48720 on Tuesday. On Monday, silver had closed at Rs 47,990. In fact, gold and silver prices are rising internationally. Silver gained sharply due to good manufacturing PMI figures in the US.

The price of gold in the international market is hovering around $ 1522. At the same time, the silver rate is running at $ 18.5. The festival season will begin in a few days from Navratri. Now its demand has started coming gradually in the market.

Today, weakness in the gold and silver rates is also being seen on MCX. Silver on MCX is trading down by Rs 81 to Rs 48032 and gold is down by Rs 62 to trade at Rs 37862.