Gold prices: Gold prices rose for the third day in a row, while silver rose by Rs 100
Gold prices today: Gold prices edged higher on shoppers buying jewelery and international markets, Delhi's bullion market rose for the third day in a row. The white precious metal silver strengthened by Rs 100 after two days of sluggishness. Gold prices fell by Rs 50 to Rs 75,100 per 10 grams at Delhi's bullion market on Thursday, according to data from the All India Bullion Association. On Wednesday, gold was Rs 75,050 per 10 grams. Silver prices also rose by Rs 100 to Rs 94,500 per kg. In the previous session, silver was at Rs 94,400 per kg. Gold prices in bullion markets increased by Rs 50 from the previous closing price to Rs 75,100 per 10 grams, the association said. Gold prices rose by Rs 209 to Rs 72,877 in futures trade on Thursday. On the Multi Commodity Exchange (MCX), the contract for August delivery rose by Rs 209, or 0.29 per cent, to Rs 72,877 per 10 grams. Out of which 12,343 loads were traded. Globally, gold rose 0.24 percent to $2,385.40 an ounce in New York. Silver rose by Rs 616 to Rs 93,448 in the futures market on Thursday. On the MCX, the September silver contract rose by Rs 616, or 0.66 per cent, to Rs 93,448 per kg. Out of which 23,587 loads were traded. Globally, silver rose 0.87 percent to $31.05 an ounce in New York. Also Read: These 5 Stocks You Can Invest Money In For The Long Term, What Analysts Say About Gold Prices? Investors await US inflation data today for more information on the Federal Reserve's interest rate hike, said Manav Modi, senior analyst (commodity research) at Motilal Oswal Financial Services Ltd (MOFSL) as gold prices surged on fresh buying by traders, market analysts said, rising 6,431%, a big long-term gain. : Gold prices rose for the third consecutive day, while silver rose by Rs. 100 increased.