Gold-Silver Price Updates : There is a slight jump in the prices of gold on Wednesday. Investors in the global market are waiting for the results of the US Federal Reserve meeting, whose effect is visible on the market. In early trade today, August Future Gold had gained Rs 36 on the Multi Commodity Exchange and the metal was trading at Rs 48,460 per 10 grams. In the last trading session, gold had closed at 48424 per 10 grams. Spot gold was down 2 per cent and gold had come down to $ 1,361.96 an ounce. This is the biggest drop since May 17.
At the same time, silver for July delivery had gained Rs 227 or 0.32 per cent and the metal was trading at 71,475 per kg.
Let us tell you that on Tuesday, gold prices had jumped due to the strengthening of the dollar. Yesterday, gold rose by Rs 303 and closed at the level of 48,424 or $ 1855.
22kt and 24kt gold price
If you look at the Good Returns website, today the price of 24 carat gold is 4,859 on 1 gram, 38,872 on 8 grams, 48,590 on 10 grams and 4,85,900 on 100 grams. If you see per 10 grams, then 22 carat gold is being sold at 47,590.
If we look at the prices of gold in major cities, then the price of 22 carat gold in Delhi is 47,640 and 24 carat gold is running at 51,790. In Mumbai, 22 carat gold is running at 47,590 and 24 carat gold at 48,590. In Kolkata, 22 carat gold is Rs 47,770, while 24 carat gold is Rs 50,400. The price of 22 carat gold in Chennai is Rs 45,850 and 24 carat Rs 50,010. These prices are per 10 grams of gold.