Gold Price Today: 24kt gold reached above 50,000 in these cities including Delhi, check gold-silver rates
If we talk about the last update, on Friday, in the Delhi bullion market, gold closed at Rs 47,442 per 10 grams with a rise of Rs 294. Its previous closing price was Rs 47,148 per 10 grams. However, silver prices declined and the metal fell by Rs 170 to Rs 66,274 per kg. Its previous closing price was Rs 64,444.
Today’s decline is visible on MCX
However, if we look at Monday morning, according to GoldPrice.org, gold fell 0.011 percent on MCX at 8.15 am Indian time in the international market and the metal was shown at the level of $ 1811.99 per ounce. At the same time, silver was also declining by 0.14 percent and silver was at the level of $ 25.61 an ounce.
Why did gold rise
According to Tapan Patel, Senior Analyst (Commodities), HDFC Securities, “Gold was seen buying strongly due to dollar selling after the FOMC meeting. The dollar index fell to a four-week low, which increased buying in gold.
Navneet Damani, vice-president, Commodity Research, Motilal Oswal Financial Services, said, “The US Federal Governor’s easing of apprehensions in the context of interest rate hikes and softening stance has increased the demand for gold as a safe investment option, which has increased the demand for gold.” Gold has gained momentum and is on the way to achieve the highest weekly gain in almost two months.
What is the price of gold and silver in metro cities
If you look at the Good Returns website, today the price of 24 carat gold is running at 4838 on 1 gram, 38,704 on 8 grams, 48,380 on 10 grams and 4,83,800 on 100 grams. If you see per 10 grams, then 22 carat gold is being sold at 47,380.
If we look at the prices of gold in major cities, then in Delhi the price of 22 carat gold is 47,140 and 24 carat gold is running at 51,430. In Mumbai, 22 carat gold is running at 47,380 and 24 carat gold at 48,380. In Kolkata, 22 carat gold is Rs 47,550, while 24 carat gold is Rs 50,250. The price of 22 carat gold in Chennai is Rs 45,470 and 24 carat Rs 49,610. These prices are per 10 grams of gold. Even in Lucknow, 24 carat gold is beyond 51 thousand. Here the price of gold per 10 grams is being recorded at 51,430. At the same time, the price of 22 carat gold is 47,140.
If we talk about silver, according to the website, the price of silver per kg is Rs 67,900 per kg. Silver is being sold at Rs 67,900 per kg in Delhi. The price of silver in Mumbai and Kolkata is also the same. The price of silver in Chennai is Rs 73,000 per kg.