Gold Rate Today 17th May, 2021: Gold and silver prices rise, but Corona is in the grip of the market
The industry used to trade 25-30 tonnes on Akshaya Tritiya during normal years, but this year it is expected to reach barely 3-4 tonnes, as offline sales have been badly affected.
However, in the last trading session on Friday, gold finally saw a boom. Due to the improvement in global prices, the price of gold had increased by Rs 146 to Rs 47,110 per ten grams on Friday. Silver also rose by Rs 513 to Rs 70,191 per kg. Silver had closed at Rs 69,678 on the previous day.
What are the prices of gold and silver in different cities of the country
Good Returns If you look at the website today, the price of 24 carat gold is 4,607 at 1 gram, 36,856 at 8 grams. 46,070 at 10 grams and 4,60,700 at 100 grams. If you look at 10 grams, then 22 carat gold is being sold at 45,070.
If we look at the prices of gold in major cities, then the price of 22 carat gold in Delhi is 46,210 and the price of 24 carat gold is 50,210. In Mumbai, 22 carat gold is running at 46,070 and 24 carat gold at 46,070. In Kolkata, 22 carat gold is Rs 46,110, while 24 carat gold is 49,920 rupees. The price of 22 carat gold in Chennai is 45,210 and 24 carat is 49,320 rupees. These prices are per 10 grams of gold.
If we talk about silver, according to the website, the price per kg of silver is Rs 70,500 per kg. Silver is being sold at Rs 71,000 per kg in Delhi. The price of silver in Mumbai and Kolkata is also the same. The price of silver in Chennai is Rs 76,000 per kg.
Rise in gold futures prices
In the last trading session, speculators bought fresh deals due to strong spot demand, due to which gold prices rose by Rs 104 to Rs 47,542 per 10 grams in the local futures market. At the Multi Commodity Exchange, gold for delivery in the month of June rose by Rs 104, or 0.22 per cent, to Rs 47,542 per 10 grams. It traded for 7,560 lots.
(With input from language)