Gold price today : In major cities, 24 carat gold is sold at, 53,660 in cities such as Chennai, Coimbatore, and Madurai. While yellow metal sells for ₹ 53,170 in cities like Jaipur, Lucknow, and Chandigarh.
Gold traded in the Indian market on April 8 and remained heavily traded in international markets as the dollar strengthened over rising interest rates by the US Federal Reserve, in part meeting the Russian security demand. – Conflict in Ukraine.
Gold and silver prices on Saturday were exorbitant in many parts of India. 10 grams of gold in 24 carats exceeded ₹ 53,000-mark, while 1 kg of silver sold for more than R67,000 in the country.
In India, 10 grams of gold per 24 carats are sold at ₹ 53,020 more than ₹ 390 from the previous day of ₹ 52,630. At that time, 100 grams in the same carat is available at ₹ 5,30,200 up by ₹ 3,900 from the previous day of ₹ 5,26,300.
For 10 grams per 22 carat it sells for ₹ 48,600 up ₹ 350 from the previous day of ₹ 48,250, while 100 grams per same carat at R4,86,000 goes up by ₹ 3,500 from -R4,82,500 the previous day. .
According to the Good Returns website, among the major cities, 24 carat gold is sold at, 53,660 in cities such as Chennai, Coimbatore, and Madurai. While yellow metal sells for ₹ 53,170 in cities like Jaipur, Lucknow, and Chandigarh.
At that time, the polished metal was ₹ 53,120 in cities such as Pune, Vadodara, Patna, Nagpur, and Nashik. The price was ₹ 53,020 in Mumbai, Kolkata, Delhi, Bangalore, Hyderabad, Kerala, Vijaywada, Bhubaneswar, Mangalore, Vishakhapatnam, and Mysore. On the other hand, in Ahmedabad and Surat, the value of gold is R53,070.
In addition, the price of silver per 1 kg increased by ₹ 300 to ₹ 67,100 from ₹ 66,800 the previous day. While prices for 100 gram and 10 gram have risen to ₹ 6,710 and ₹ 670 respectively.
On Friday, at the Multi Commodity Exchange (MCX), the gold futures ripening on June 3, set at ₹ 52,099 up by ₹ 202 or 0.39%. The yellow metal ranges from ₹ 51,681 and ₹ 52,197 during the day.
In exchange, the silver futures maturing on 5 May, ended at ₹ 267 or 0.40% to ₹ 67,032 after moving from R66371-67080 in trading hours.
Gold prices are expected to rise even in the face of the current turmoil. The effects of post-conflict, high prices and inflation may push the world into a recession where gold will be the preferred commodity. The Fed’s fierce minutes were also in line with expectations.
Ahmedabad: The price of gold in the Ahmedabad market has risen to Rs 53,500 per 10g, following global signs. The yellow metal, however, remained less attractive to investors due to the strong dollar based on inflation expectations by the US Federal Reserve.
This gold demand for a safe haven due to the Ukraine-Russia crisis.
In the shopping mall, demand for gold remained positive despite rising prices, due to the upcoming festive season and weddings.
NEW DelHI: Gold prices plummeted during the early trading session on Friday as the US dollar weakened demand for safe metal. The strong American dollar makes gold unattractive to some money owners.
In the real estate market, the highest pure gold was sold at Rs 51,790 per 10 grams and silver at Rs 66,019 per kilogram on Thursday, according to the Indian Bullion and Jewelers Association.
Gold prices remain low for 10 trading hours, while silver drops to Rs 2,700 at the same time.
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