Gold Rate Today: Gold is swinging heavily in the bullion market, becomes very expensive in just 3 days, know the latest price

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Gold Rate Today: Gold is swinging heavily in the bullion market, becomes very expensive in just 3 days, know the latest price
gold price

Gold Rate Today 12th December 2024 : Gold prices rose by Rs 500 to Rs 80,900 per 10 grams in the bullion market in the national capital Delhi on Thursday due to continuous buying by retailers and jewelers. All India Bullion Association has given this information. In the last trading session, the price of gold of 99.9 percent purity had closed at Rs 80,400 per 10 grams. In the last three sessions, the price of the yellow metal has risen by around Rs 2,000. The price of gold of 99.5 percent purity also increased by Rs 500 to Rs 80,500 per 10 grams. On Wednesday it closed at Rs 80,000 per 10 grams.

According to traders, continuous buying by jewelers and a firm trend in the international markets boosted the rise in gold prices. Jatin Trivedi, Vice President, Commodity and Currency Research Analyst, LKP Securities, said, “Gold traded in a volatile range and saw minor profit-booking at higher levels.

gold futures price

Gold was seen trading in the red in the domestic futures market on Thursday. On the MCX exchange, gold for delivery on February 5, 2025 was seen trading at Rs 78,770 per 10 grams, down 0.29 per cent or Rs 232 on Thursday evening. Along with gold, there has also been a decline in domestic futures prices of silver. On Thursday evening, on MCX, silver for delivery on March 5, 2025 was seen trading at Rs 95,446 per kg, down by 0.37 per cent or Rs 356.

global price of gold

Global prices of gold have also seen a decline. On the commodity market i.e. Comex, the price of gold was seen trading at $ 2740.60 an ounce, down by 0.58 percent or $ 16.10. At the same time, gold spot was seen trading at $ 2707 per ounce with a fall of 0.40 percent or $ 10.92.

(With inputs from PTI/Language)

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