Gold Silver Price This Week: Stormy rise in gold, rose by Rs 2,500, big increase in silver too, why is gold running away?

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Gold Silver Price This Week
Gold Silver Price This Week: Stormy rise in gold, rose by Rs 2,500, big increase in silver too, why is gold running away?

Gold Silver Price This Week: There has been a huge rise in the prices of gold and silver this week. The domestic futures price of gold jumped by Rs 2,460 per 10 grams this week. At the same time, silver has increased by Rs 1984 per kg.

Gold Silver Price This Week: A big increase has been recorded in the prices of gold and silver this week. After Jerome Powell’s testimony before the US Congress, expectations of a US Fed rate cut have gained momentum. Due to this, a rise in gold prices is being seen. A jump of 4 percent has been recorded in the global prices of gold this week. A significant increase has been recorded in the domestic futures price of gold (Gold Price Today) this week. On the MCX exchange, gold for delivery on April 5, 2024 had closed at Rs 63,563 per 10 grams on Friday, March 1. This gold closed at Rs 66,023 per 10 grams on Friday, March 8. In this way, a rise of Rs 2,460 per 10 grams has been recorded in the price of gold this week.

Big jump in silver prices too

Along with gold, there has also been a big rise in the prices of silver (Silver Price Today). On the MCX exchange, silver for delivery on May 3, 2024 had closed at Rs 72,278 per kg on Friday, March 1. Whereas on Friday, March 8, it closed at Rs 74,262 per kg. In this way, the price of silver has increased by Rs 1984 per kg this week.

global price of gold

Global gold prices closed with a big gain on Friday. On Comex, gold closed at $ 2,185.50 an ounce, up 0.94 percent or $ 20.30. At the same time, gold spot closed at $ 2178.95 an ounce with a gain of 0.88 percent or $ 18.97.

global price of silver

On Friday, the price of silver (Global Silver Price) on Comex closed at $ 24.55 an ounce, down 0.12 percent or $ 0.03. At the same time, silver spot fell by 0.07 percent or $ 0.02 and closed at $ 24.31 an ounce.

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