Gold took a U-turn, after three days of steep declines, gold and silver prices picked up again, rising by ₹6200 in one stroke
Gold Rate Today: The ongoing decline in gold prices has been halted. The decline in gold and silver prices that had been ongoing for the past three days has now stopped, and today gold has become more expensive again. Along with gold, silver prices also saw a significant increase.
Gold Silver Price Hike: The ongoing decline in the price of gold has been halted. The decline in gold and silver prices that had been continuing for the past three days has now stopped and today gold has become expensive again.
Along with gold, a big increase was seen in the price of silver as well. 24 carat gold on MCX increased by Rs 1200 while silver became expensive by Rs 3288.
This rise in the price of gold and silver during the wedding season has increased the tension of the buyers. People were waiting that gold would become cheaper, but the yellow metal changed its direction and a big jump was seen in the price of gold on Wednesday.
How expensive is gold today?
According to the gold and silver rates posted on the India Bullion and Jewelers Association's website, the price of 24-carat gold rose by more than ₹2,500 today, while silver rose by more than ₹6,200.
Today, 24-carat gold is selling for ₹1,27,300 per 10 grams in Delhi. Looking at the IBJA rate list, the prices of 24-carat to 14-carat gold are as follows...
- Price of 24 carat gold is Rs 123338 per 10 grams
- Price of 22 carat gold is Rs 113478 per 10 grams
- Price of 18 carat gold is Rs 92913 per 10 grams
- Price of 14 carat gold is Rs 72472 per 10 grams
- Price of silver is Rs 158120 per kilogram
Silver rates fell by Rs 13,000 in 3 days.
Silver prices have seen a significant decline over the past three days. Last week, silver prices fell by as much as ₹13,000 in three trading sessions from Friday to Tuesday, but today, its price has seen another significant increase.
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