According to the All India Sarafa Sangh, gold of 99.9 percent purity in Delhi fell by Rs 400 to Rs 97,620 per 10 grams. Its price was Rs 98,020 on Thursday.
An increase in the price of gold has been registered in various cities of Uttar Pradesh, while silver rates also saw slight fluctuations.
In Lucknow, Noida, Ghaziabad, Meerut, Ayodhya, Gorakhpur, Kanpur, Varanasi, Agra and other cities of Uttar Pradesh, the rate of 24 carat gold has been recorded at Rs 98,230 per 10 grams. At the same time, the price of 22 carat gold was Rs 93,550 per 10 grams.
Today, gold prices have risen slightly by Rs 70, while silver prices have declined marginally. This is the time for investors to take a careful decision.
The weakness of the dollar and the growing trend of investors towards safe options are considered to be the main reasons behind gold-silver hike.
Today a slight decline has been registered in the price of gold in various cities of Uttar Pradesh.
The price of silver also fell by 0.38% to Rs 1,08,124 per kg, which was Rs 1,08,429 in the previous session.
For the last few days, there was a softening in the price of gold, but on 1 July there was no major change in the price of gold.
According to experts, the strength in the dollar index and weakness in the international market are the main reasons for this.
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