Gold rate today: In the bullion market of Delhi, gold closed at a level of Rs 44,949 per ten grams with a slight decline of 15 rupees (Gold rate today).
On the first day of the week, the price of gold and silver (Gold Silver rate) has been recorded in the commodity market, amid the rise in the dollar. Gold closed at Rs 44949 per ten gram level in the bullion market of the capital Delhi with a slight decline of Rs 15. Earlier in the trading session, gold had closed at the level of Rs 44964. The dollar closed at 73.30, a gain of 18 paise against the rupee.
The international market is seeing a decline in the price of gold (Gold international rate). According to information available on Investing.com’s website, gold for June delivery was trading at $ 1,724.35 per ounce with a drop of $ 4.05 (-0.23%). At 3.40 pm on MCX, gold for June delivery declined by Rs 143 to Rs 45275 and August delivery fell by Rs 99 to Rs 45526.
Talking about silver rate today, it has also fallen by Rs 216. After the fall, its price in Delhi bullion market was Rs 64,222 per kg. Earlier in the trading session, the price of silver was Rs 64,438 per kg. The decline in the price of silver is also being seen in the international market. At this time, silver for May delivery was trading at $ 24.83 per ounce with a decline of $ 0.11 (-0.46%).
The dollar has been steadily rising for some time now. At present, the dollar index is at the level of 93.09. The dollar closed 217 paise higher at 73.33 against the rupee. Here the stock market recorded a huge decline today. The 30-share index Sensex closed at 49159, down 870 points (-1.74%). The 10-year US bond yield has risen and has reached 1.72. The bounce in the yield increases the pressure on the stock market.
Apart from this, the international market is seeing a decline in the price of crude oil amid increasing cases of corona. At 3.45 pm, crude oil was trading at $ 63.50 per barrel, down by $ 1.36 (-2.10%). Similarly, US WTI crude was trading at $ 60.20 per barrel, with a decline of $ 1.25 (-2.03%).