On Monday, September 15, the trend of gold and silver was different. In the bullion market of Delhi, gold with 99.9 per cent purity dropped by Rs 500 to Rs 1,13,300 per 10 grams.
It may be recalled, this decline has come after a four -day increase. On Friday, gold rose Rs 700 to a record level of Rs 1,13,800 per 10 grams. Similarly, gold with 99.5 per cent purity also dropped by Rs 500 to Rs 1,12,800 per 10 grams.
On the contrary, silver once again set a new record. On Monday, silver rose Rs 300 to Rs 1,32,300 per kg. So far this year, silver has increased by about 42,600 rupees, or about 47.5 percent. In December 2024, its price was Rs 89,700 per kg, which has now reached a record level.
There was a stir in gold and silver in the international market. The spot gold was trading at $ 3,645.12 per ounce and $ 42.20 per silver ounce.
Traders are now monitoring the US Federal Reserve meeting, which will be decided on September 17. Investors are speculating that the Fed policy may be delayed due to the poor US labor market.
