Gold price today: Gold strengthened by Rs 1,000 in the last two days, silver also rose, know what are today's rates?

Gold price today: The price of gold in the national capital rose by Rs 500 to Rs 74,600 per 10 grams on Wednesday. Gold prices got a boost due to increased buying by local jewelers and strong signals from global markets. In the last two days, gold prices have strengthened by Rs 1,000.

On Tuesday, gold of 99.9 percent purity closed at Rs 74,100 per 10 grams.

With this, the price of gold has increased by more than Rs 1,000 in the last two days.

According to the All India Sarafa Association, the price of silver also rose by Rs 500 to Rs 85,000 per kg on Wednesday. In the previous session, silver had closed at Rs 84,500 per kg.

Meanwhile, gold of 99.5 percent purity also rose by Rs 500 to Rs 74,250 per 10 grams from Rs 73,750 per 10 grams.

Traders said increased buying by local jewelers and retailers strengthened the market sentiment, leading to a rise in gold prices.