Gold Prices today: Gold prices surge, but Gold futures weaken.
New Delhi:
On Thursday, gold was seen on a steady decline on average. On Thursday, gold rose by Rs 44 to Rs 44,347 per 10 grams in the Delhi Bullion Market due to the rise in precious metals prices and weakening rupee in global markets. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 44,303 per 10 grams.
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If you look at the rate of IBJA ie India Bullion and Jewelers Association Limited, then after the last change, the price of gold today is something like this (These prices are stated at per gram without GST charge).
24 carat – 4,488
22 carat – 4,335
18 carat- 3,590
14 carat – 2,985
Silver fell by Rs 637 to Rs 64,110 per kg. In the previous trading session, silver had closed at Rs 64,747 per kg. According to IBJA, silver was down to Rs 64,281 per kg.
On the other hand, gold futures prices have declined due to weak demand. On Thursday, traders cut their trades due to weak spot demand in trading, on which gold fell 0.15 per cent to Rs 44,792 per 10 grams in futures trade on Thursday.
On the Multi Commodity Exchange, the price of delivery gold futures fell by Rs 68, or 0.15 per cent, to Rs 44,792 per 10 grams in April. It traded for 6,874 lots.
(With input from language)