Due to the rise in prices in the international market, on Monday, March 1, 2021, the price of 10 grams of gold in the Delhi Bullion Market (Gold Price Today) rose by Rs 241.
Gold becomes expensive
Gold and silver prices rose on the first trading day of the week. Due to the rise in prices in the international market, on Monday, March 1, 2021, the price of 10 grams of gold in the Delhi Bullion Market (Gold Price Today) rose by Rs 241. Like gold, the price of silver also rose today. The price of one kilogram of silver increased by Rs 781. According to HDFC Securities, gold and silver prices have risen due to strong trends in the global bullion market.
Today’s Gold and Silver Price (Gold and Silver Price on 1 March 2021): On Monday, the price of gold in Delhi Bullion Market rose by Rs 241 to Rs 45,520 per 10 grams. In the previous trading session, 10 grams of gold had closed at Rs 45,279. At the same time, the price of gold in the international market rose to $ 1,753 an ounce.
Silver also shines like gold. The price of silver in Delhi bullion market rose by Rs 781 to Rs 68,877 per kg. Silver had closed at Rs 68,096 per kg in the previous session. In the international market, silver was priced at $ 26.90 an ounce.
22 carat and 24 carat gold price
According to the data available on the website of Good Return, on 1 March 2021, 22 carat gold price was Rs. 43,550 in Chennai, Rs. 44,940 in Mumbai, Rs. 45,200 in Delhi, Rs. 45,460 in Kolkata, Rs. 43,050 in Bangalore, Rs. 44,940 in Pune, Ahmedabad. It is Rs 45,550, Rs 45,200 in Jaipur-Lucknow and Rs 44,940 per 10 grams in Patna.
Similarly, 24 carat gold price is Rs 45,940 in Patna, Rs 49,300 in Jaipur-Lucknow, Rs 47,550 in Ahmedabad, Rs 45,940 in Pune, Rs 46,970 in Bengaluru, Rs 48,340 in Kolkata, Rs 49,300 in Delhi, Rs 45,940 in Mumbai and Chennai. Rs 47,510 per 10 grams.
The reason for the rise in gold
HDFC Securities Senior Analyst (Commodities) Tapan Patel says that the rise in gold prices in the international market has strengthened the domestic market. Apart from this, gold prices have got support from the break on the rupee.
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