Gold Price Today: Gold rises, reaches above Rs 48,000 per gram, silver too expensive, check rate
Gold Prices today: Gold and silver boom, futures prices also sprung up.
New Delhi:
Gold-Silver Rate Today:Gold prices After showing a decline in some sessions last week, now the boom is returning. Gold has crossed the 48,000 level amid a strong global trend. Currently, gold is at a record high of Rs 52,200 per gram, which was in August 2020. Since then, there was a decline of about 12,000 in gold, but for the last several months, gold is slowly recovering and reaching the top. Now gold is just about 4,000 cheaper than its record high.
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At the same time, silver has seen a surge for the past several seasons. Silver is running above the level of 71,000. There has been a tremendous jump in silver in the last several seasons.
What are the current rates of gold and silver
If you look at the numbers of HDFC Securities, after Monday’s trade, gold in the national capital rose by Rs 348 to Rs 47,547 per ten gram on Monday. In the previous session, the price of gold was Rs 47,199. Silver also rose by Rs 936 to Rs 71,310 per kg. Silver had closed at Rs 70,374 on the previous day.
Today, if you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then the price of gold is something like this (These prices are stated per gram without GST charge).
999 (Purity) – 48,146
995- 47,953
916- 44,102
750- 36,110
585- 28,165
Silver 999- 71,735
Futures prices rise
Due to strong spot demand, speculators bought fresh deals, due to which gold prices rose by Rs 352 to Rs 48,028 per 10 grams in the local futures market on Monday. At the Multi Commodity Exchange, gold for delivery in the month of June rose by Rs 352, or 0.74 per cent, to Rs 48,028 per 10 grams. It traded for 6,936 lots.
On the other hand, on Monday, the price of silver rose by Rs 982 to Rs 72,067 per kg.
At the Multi Commodity Exchange, the futures contract for July delivery of silver rose by Rs 982, or 1.38 per cent, to Rs 72,067 per kg. In this futures contract, deals were done for 10,324 lots.
(With language input)