Gold Silver Price Today: On the occasion of Good Friday, a fall in gold prices was seen in the country. As of the morning of April 3, the price of 24-carat gold in the national capital Delhi is Rs 149,110 per 10 grams. In Mumbai, this rate is Rs 148,960 per 10 grams. Just a day ago, gold prices in Delhi’s bullion market had fallen by Rs 3,500, or 2.26 percent, to Rs 151,500 per 10 grams. In the international market, the spot price of gold is trading at $4,591.52 per ounce.
Experts believe that the reason for this is the new rise in crude oil prices. This increase has come after the warning of US President Donald Trump, in which he had said that a strong attack can be launched against Iran within the next two to three weeks. The US dollar has strengthened by 0.5 percent. Remains in the range of 99–100. This development has further increased the pressure on the prices of precious metals in the field of international trade.
Fears of further escalation of the conflict between Israel, America and Iran have increased, while hopes for its quick resolution have diminished. As a result, there is growing concern that there could be disruptions to crude oil and gas shipments that pass through the vital sea route of the Strait of Hormuz. Can persist for a long time.
A decline has also been seen in the prices of silver. On the morning of April 3, its rate fell to Rs 249,900 per kg. Last day, silver prices fell by Rs 9,000 or 3.66 per cent in Delhi’s bullion market. It closed at Rs 237,000 per kg. The spot price of silver in the international market is $69.57 per ounce. Earlier this year in January, the price of silver had crossed the Rs 400,000 mark.
