Gold prices today: Gold Prices Gains Rs 85, Silver became Cheaper

Gold prices rose sharply on Monday. On the other hand, the price of silver fell and it became cheaper. According to traders, increased demand due to the rise in domestic demand in gold prices. The demand for industrial units and coin makers in silver declined and there was no demand.

Gold prices today rose by Rs 85 to Rs 32,820 per ten grams in the national capital today. Silver, however, lost Rs 20 to Rs 38,580 per kg. There is a weakness in gold prices globally. For this reason, India did not get much pace today.

In the international market, New York gold price was $ 1,289.82 an ounce and silver was priced at $ 15.10 per troy ounce. On the domestic front, gold of 99.9 and 99.5 percent purity rose by Rs 85-85 to Rs 32,820 and Rs 32,650 per ten gram respectively. On Saturday, the gold price was Rs 32,735.

However, the price of Guinness remained unchanged at Rs 26,400 per piece of 8 grams. On the other hand, silver ready dropped by Rs 20 to Rs 38,580 per kg and weekly-based delivery by Rs 311 to Rs 37,450 per kg. Silver coins, however, remained at Rs 80,000 for buying and Rs 81,000 for every rupee.

There is a possibility of an increase in gold demand due to the weddings' season. Last month, the rate of gold was seen steadily. This year, gold signals have a major impact on international signals.