Did gold price rise or fall compared to last week? Know the market price

Gold prices, which had been declining for some time due to the advent of corona vaccine, have started rising again. Corona vaccination has been approved in four to five countries, including the United States and the United Kingdom. It will soon be available in India as well. Despite these developments this week, gold prices are high.

On the other hand, gold for delivery in February rose by Rs 213 to Rs. It had closed at Rs 49,077 per ounce on Thursday. Gold closed at 49,290 on Friday, the last day of the week.

Similarly, gold for delivery in April rose by Rs 177 to close at Rs 49,330. Silver for delivery in March rose by Rs. 70 to close at Rs. 63,600 per kg.

In Delhi, gold fell by Rs 102 to Rs 48,594 per 10 grams on Friday. This information is provided by HDFC Securities. Gold had closed at Rs 48,696 per 10 grams last week.

Gold has fallen by Rs 102 this week compared to last week. Silver, on the other hand, declined by just Rs 6 over the previous week.

Gold and silver traded at 1, 1,836 an ounce and 23 23.92 an ounce, respectively.

Gold had touched Rs 56,379 in August. It was then expected to grow even more. However, as soon as Russia's acclaimed corona vaccine arrived, gold was crushed. Compared to Friday's price, gold fell by Rs 6,964.

Similarly, silver had touched Rs 76,008 per kg in August. Compared to Friday's price, silver has declined by Rs 12,408.

Gold has always been the key to survival in times of crisis. In 1979 there were several wars. Gold had gained 120 per cent during the period. In 2014, there was a threat of a US attack on Syria. Even then, gold prices began to rise.

Even as US tensions mounted against Iran and China, gold prices began to rise sharply. With the advent of the Corona, gold had more than halved.