Gold Price Today: If you want to buy gold then this is your chance! Prices will increase see latest gold rate
If you look at GoldPrice.org, then at 10.45 am Indian time in the international market, gold was gaining 0.12 percent on MCX and the metal was trading at the level of $ 1797.85 an ounce. At the same time, silver was down by 0.01 percent and it was trading at the level of $ 24.32 an ounce.
Gold under pressure from strong dollar
Dollar index is showing tremendous growth this week. The last session witnessed dollar buying by importers and corporate companies. At the same time, the rise in the US Treasury yield has put pressure on gold. However, in view of the third wave of coronavirus, the attraction of gold has increased among investors, but due to these reasons, gold is not showing any shine right now. At the same time, the market is also keeping an eye on the developments in Afghanistan.
Why it is better to buy gold now
The domestic market obviously has the influence of the international market. Gold is still running cheaper by about Rs 8,000 from its record high. But with the arrival of the third wave of Corona and the festive season, its prices will increase. Gold had also seen a decline in the local market in the previous session.
In the capital Delhi, gold had fallen by Rs 37 to Rs 46,417 per 10 grams on Tuesday, which had closed at Rs 46,454 per 10 grams in its previous trading session. Silver also declined by Rs 332 to Rs 63,612 per kg. The moon had closed at Rs 63,944 per kg in the last trading session.
If you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then with the last update, the price of gold today is like this- (These prices are given per gram without GST charge)
999 (purity) – 47,399
Silver 999- 64135
22kt and 24kt Gold Rate Today
If you look at the Good Returns website, today the price of 24 carat gold is Rs 4,740 on 1 gram, 37,920 on 8 grams, 47,400 on 10 grams and Rs 4,74,000 on 100 grams. If you see per 10 grams, then 22 carat gold is being sold at 46,400.
If we look at the prices of gold in major cities, then the price of 22 carat gold in Delhi is 46,540 and 24 carat gold is running at 50,780. In Mumbai, 22 carat gold is running at 46,400 and 24 carat gold at 47,400. In Kolkata, 22 carat gold is Rs 46,840, while 24 carat gold is Rs 49,540. The price of 22 carat gold in Chennai is Rs 44,730 and 24 carat is Rs 48,800. These prices are per 10 grams of gold.
If we talk about silver, according to the website, the price of silver per kg is Rs 64,800 per kg. Silver is being sold at Rs 64,800 per kg in Delhi. The price of silver in Mumbai and Kolkata is also the same. The price of silver in Chennai is Rs 69,100 per kg.