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Gold became cheaper, silver price increased by more than 900 rupees

by Aaryan Srivastav
July 3, 2025
Gold should be excluded from India's main inflation index for clear domestic trends: CRISIL

New Delhi, 3 July (IANS) is good news for gold buyers. The price of yellow metal has seen a decline of over Rs 100 on Thursday. At the same time, the price of silver has increased by more than Rs 900.

According to the India Bullion Jewelers Association (IBJA), the price of 10 grams of 24 carats has come down by Rs 143 to Rs 97,337, which was earlier Rs 97,480.

The price of 22 carat gold has come down to Rs 89,161 per 10 grams, which was earlier Rs 89,292. At the same time, the price of 18 carat gold has been reduced from Rs 73,110 per 10 grams to Rs 73,002 per 10 grams.

Unlike gold, silver prices have seen a rise. The price of silver has increased by Rs 932 to Rs 1,07,620 per kg, which was earlier Rs 1,06,688 per kg.

Along with the spot market, the futures market also saw opposite business in gold and silver prices.

The price of gold 5 August 2025 on Multi Commodity Exchange (MCX) was reduced by 0.27 percent to Rs 97,129 and silver’s contract of 5 September 2025 increased by 0.63 percent to Rs 1,08,191.

At the international level, both gold and silver are trading with a slight rise. By the time the news was written, gold rose by about 0.02 percent to $ 3,359.75 an ounce and silver rose 0.73 percent to $ 36.993 an ounce on the comex.

Since January 1, the price of 10 grams 24 carat gold has increased from Rs 76,162 to Rs 21,175 or 27.80 percent to Rs 97,337. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 21,603 or 25.11 percent to Rs 1,07,620 per kg.

-IANS

ABS/

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