Gold Price On 20 Nov: Gold Spot Prices Rise
Gold Price on 20 Nov: Gold spot prices rise, silver also shines, know what are the prices.
The domestic bullion market recorded an increase in the spot price of both gold and silver metals on Friday.
According to HDFC Securities, the spot price of gold in the national capital Delhi increased by Rs 65 on Friday. With this increase, the price of gold has gone up to Rs 49,551 per ten grams.
The rise in international prices led to the rise in the spot price of gold. Significantly, in the previous session, gold had closed at Rs 49,486 per 10 grams on Thursday.
Along with gold, the spot price of silver also increased on Friday.
Silver has recorded an increase of Rs 298 per kg on Friday.
With this increase, the price of silver has gone up to Rs 61,232 per kg. Significantly, silver had closed at Rs 60,934 per kg in the previous session.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “On Friday, the 24-carat gold spot price in Delhi saw a jump of Rs 65 on the rise in international prices.
However, the rise in prices was limited due to the strengthening of the rupee.
Patel said, “The rise in gold prices was limited due to the strengthening of the Indian rupee against the US dollar.
The Indian rupee was seen trending 10 paise stronger against the US dollar on Friday.
Talking about international prices, the price of gold appeared to trend moderately at $ 1,868 an ounce. At the same time, silver was seen trending at $ 24.15 an ounce.
The price of petrol and diesel in the country also increased on Saturday. In this way, the prices of petrol and diesel were increased for the second consecutive day.
Talking about the big cities of the country, the price of petrol has increased by 15-17 paise per liter, while the price of diesel has increased by 20-23 paise per liter.
Petrol price in Delhi has increased by 15 paise to Rs 81.38 per liter. At the same time, the price of diesel rose by 20 paise to 70.88 per liter.
Earlier on Friday, any increase was recorded in petrol prices after a gap of 50 days and in diesel prices after 41 days.
