Silver made attempts to return to the trillionaires, while gold gained Rs 130

Gold-Silver Price Today: The precious white metal silver is making attempts to become a millionaire again. Silver rose by Rs 3,100 to Rs 95,950 a kg and gold by Rs 130 a kg at Delhi’s bullion market on Tuesday due to strong global trends. According to HDFC Securities, silver rose by Rs 3,100 for the second consecutive day to touch Rs 95,950 per kg in two weeks. Friday’s price was Rs 92,850 per kg on Monday. Meanwhile, gold rose by Rs 130 to Rs 72,950 per 10 grams. In the last trade, it closed at Rs 72,820 per 10 grams. In the international market, gold prices were at $2,346 per ounce, two dollars higher than the previous closing price. As dollar weakens, gold strengthens – HDFC Securities Senior Analyst – Commodity Soumil Gandhi Gold traded slightly higher during European trading hours on Tuesday, helped by a weaker US dollar. He said traders are now waiting for key US inflation data that could shed light on how soon the US Federal Reserve can cut interest rates. This will provide further direction to gold prices. Silver also strengthened in overseas markets to hit $31.50 an ounce. According to market experts, silver price crossed the $31 level, signaling the end of the bearish phase. Apart from this, the silver contract for July delivery was also priced at Rs. 294 or 0.39 per cent down to trade at Rs 94,314. Gold Weak in Futures Trade Amid weak spot demand, speculators trimmed their deal size, due to which gold fell by Rs 166 to Rs 71,843 per 10 grams in futures trade on Tuesday. On the Multi Commodity Exchange (MCX), the contract for June delivery fell by Rs 166 to Rs 71,843 per 10 grams. Out of this, 4,742 loads were traded. Globally, gold rose 0.39 percent to $2,366.10 an ounce in New York as prices fell, market analysts said. Attention Link PAN-Aadhaar as soon as possible, otherwise silver doubles in kilos in futures trade. On the MCX, silver for delivery in July fell by Rs 373 or 0.39 per cent to Rs 94,235 per kg. Out of which 27,074 loads were traded. Globally, silver rose 3.89 percent to $31.69 an ounce in New York. LIC announced dividend for 2023-24, fourth-quarter profit rose two per cent, silver made efforts to return to trillionaire, gold strengthened by Rs 130.