Silver prices rose sharply, gold prices rose by Rs.100

Gold-silver prices: Gold prices fell by Rs 100 to Rs 73,410 per 10 grams at Delhi's bullion market on Friday due to a strong trend in international markets. Gold was trading at Rs 73,310 per 10 grams in the last trade. Silver also rose by Rs 870 to Rs 94,270 per kg. It was Rs 93,400 per kg in the last session. HDFC Securities research analyst Dilip Parmar said 24 carat spot gold prices in Delhi markets were at Rs 73,410 per 10 grams, up by Rs 100 from the previous closing price. In global markets, spot gold on the Comex was at $2,373 an ounce, $10 higher than the previous closing price. Silver also rose to $30.93 an ounce. An ounce was at $30.55 in the last session. Fall in gold futures prices: Speculators cut back on their deal size, due to which gold fell by Rs 186 to Rs 72,865 per 10 gram in futures trade on Monday. On the Multi Commodity Exchange (MCX), the contract for August delivery fell by Rs 186, or 0.25 per cent, to Rs 72,865 per 10 grams. Out of which 13,670 loads were traded. Globally, gold was down 0.38 percent at $2,388.50 an ounce in New York. Silver futures fell by Rs 93,075 per kg in futures trade as traders reduced the size of their contracts, market analysts said, adding that gold prices fell due to a weak trend in global markets. On the MCX, the silver contract for delivery in September fell by Rs 479, or 0.51 per cent, to Rs 93,075 per kg. Out of which 22,772 loads were traded. Globally, silver fell 1.53 percent to $31.21 an ounce in New York. Also Read: Hadhras Stampede: SIT submits 300-page report, questions raised on organizing committee and management