Gold Price Today on 9th august 2024: Gold prices rose on Friday, the last trading day of the week. In the country’s capital Delhi, the price of gold on Friday rose by Rs 1100 to Rs 72,450 per 10 grams. Gold prices have jumped today due to increasing domestic demand and signals from the global market. In the last session, gold closed at Rs 71,350 per 10 grams. At the same time, gold of 99.5 percent purity jumped by Rs 1100 to Rs 72,100 per 10 grams. It closed at Rs 71,000 per 10 grams in the last session. According to traders, gold prices have jumped due to fresh demand from local jewelers and a rise in the international market.
Silver also up
Along with gold, domestic spot prices of silver have also increased. On Friday, the price of silver rose by Rs 1400 to Rs 82,500 per kg. In the previous session, silver closed at Rs 81,100 per kg. All India Sarafa Association has given this information.
Future price of gold and silver
The domestic futures price of gold was seen trading with a rise on Friday evening. On the MCX exchange, gold for delivery on October 4, 2024 was seen trading at Rs 69,846 per 10 grams with a gain of 0.20 percent or Rs 142. At the same time, silver for delivery on September 5, 2024 was seen trading at Rs 80,327 per kg with a decline of 0.35 percent or Rs 286.
Gold and silver at the global level
On the global front, gold was quoted at $ 2,468.90 an ounce in Comex, which is $ 5.60 an ounce higher than the previous day. Experts said the rise in gold prices came despite a strong dollar and rising bond yields, driven by a rally in the broader market. “The metal also gained despite China’s central bank refraining from buying gold for the third consecutive month,” said Kaynat Chainwala, AVP, Commodity Research at Kotak Securities. In international markets, Comex silver fell marginally to $27.60 an ounce.
