Nearly 12,000 rupees per 10 grams has become cheaper in the last seven months gold Sprung on Wednesday. Given the global trend, gold prices have increased. On Wednesday, gold improved by Rs 60 to Rs 44,519 per ten gram in the Delhi bullion market, supported by the fall in the exchange rate of the rupee against the dollar and the strengthening of prices of precious metals globally. This information was given by HDFC Securities. The previous closing price was Rs 44,459 per 10 grams.
In contrast, the price of silver declined by Rs 200 per kg to Rs 66,536 per kg. The previous day’s closing price was Rs 66,736 per kg. In the international market, gold rose to $ 1,735 an ounce, while silver remained almost flat at $ 26 an ounce.
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).
24 carat – 4,479
22 carat- 4,327
18 carat- 3,583
14 carat – 2,979
On the other hand, gold futures prices have also increased due to spot demand. Due to strong spot demand, speculators bought fresh deals, in which gold gained 140 per cent to Rs 44,953 per 10 grams in futures trade on Wednesday.
On the Multi Commodity Exchange, the price of gold futures delivered in April rose by Rs 140, or 0.31 per cent, to Rs 44,953 per 10 grams. It traded for 8,942 lots.
(With input from language)