New Delhi. In the Indian bullion market, the price of gold (Gold Price Today) registered a decline on the first trading day of the week i.e. 16 August 2021. Due to this, the precious yellow metal once again reached below Rs 46 thousand per 10 grams. At the same time, there was a tremendous decrease in the price of silver today. During the last trading session, gold had closed at Rs 46,002 per 10 grams in the Delhi bullion market. At the same time, silver closed at Rs 61,974 per kg. In the international market too, the prices of gold declined today, while there was no significant change in silver.
New gold price
On Monday, the price of gold in the Delhi bullion market fell by only Rs 41 per 10 grams. Due to this it again reached below Rs 46 thousand. In the national capital, gold of 99.9 grams purity today closed at Rs 45,960 per 10 grams. In the international market too, the price of gold fell to $ 1,774 an ounce today.
New silver price
There was a tremendous decrease in the price of silver today. Silver prices on Monday declined by Rs 505 to close at Rs 61,469 per kg in the Delhi bullion market. At the same time, there was no major change in the price of silver in the international market today and it reached $ 23.50 an ounce.
Why did the price of gold decrease?
HDFC Securities Senior Analyst (Commodities) Tapan Patel said that gold prices are again declining due to the strengthening of the dollar. At the same time, the fall in the price of gold in the New York-based commodity exchange has also affected the Indian bullion market.