Gold Price Today: Gold prices have increased again. The price of gold in the bullion market of the national capital has reached Rs 78,250 per 10 grams. This is a new record. The price of gold was Rs 77,850 on the previous day.

Rise in silver prices.

The price of silver has also increased. Now silver has become Rs 94,000 per kg. It was Rs 93,000 the previous day. The reason for the rising prices of both metals is the strength in the global market.

The effect of demand

The prices of gold and silver have risen due to the continuous buying by jewelers. People are buying gold and silver for festivals. This is increasing the local demand.

The impact of international markets

Gold prices are rising in the global markets. The price of the dollar is falling in the US. This has led to a rise in gold prices. The policies of the central banks of Western countries have also contributed to this situation.

Trading in MCX

Gold and silver contracts also saw a rise on the Multi Commodity Exchange (MCX). The gold contract for October delivery rose to Rs 75,475 per 10 grams. The silver contract for December delivery rose to Rs 93,079.

Analysts' opinion

Experts say that rising tensions and war concerns in West Asia have also helped to increase gold prices. HDFC Securities analyst, Saumil Gandhi said that the weakness of the US dollar is also a reason for this increase.

Asian market conditions

In the Asian market too, the price of silver rose to $32.86 per ounce. This is an increase of 2.63 percent. In this way, investors are excited due to the continuous increase in the prices of gold and silver.

It is worth noting that the rising prices of gold and silver are important for investors and consumers at this time. The festive season is about to come, and people are busy buying these metals. Further changes in prices can be seen in the coming days.