New Delhi, June 29 (IANS) is good news for gold-silver buyers. This week, the price of both valuables has seen a decline, due to which the price of gold has once again come down to Rs 96,000 per 10 grams and silver price by Rs 1.06 lakh per kg.
According to the India Bullion and Jewelers Association (IBJA), 10 grams of gold of 24 carats is priced at Rs 95,784, compared to a week ago, it was Rs 98,691 on the same day, which shows a decrease of Rs 2,907 in the price of gold.
The price of 22 carat gold has come down to Rs 87,738 per 10 grams, which was earlier Rs 90,404. At the same time, the price of 18 carat gold has been reduced from Rs 74,018 per 10 grams to Rs 71,838 per 10 grams.
During the review period, the price of silver has come down by Rs 1,582 to Rs 1,05,193 per kg, which was earlier Rs 1,06,775 per kg. On 18 June, silver made an all-time high of Rs 1,09,550 per kg.
Internationally, gold and silver prices have declined. Gold has fallen to $ 3,300 an ounce on Comax, which was earlier at $ 3,400 an ounce. At the same time, the price of silver has come down to $ 36 an ounce.
There have been many global developments in recent times, which has led to a decline in gold and silver prices, including the end of conflict between Israel-Iran, globally stability and weakness in US dollars.
Since January 1, the price of 10 grams of gold of 24 carats has increased from Rs 76,162 to Rs 19,622 or 25.76 percent to Rs 95,784. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 19,176 or 22.29 percent to Rs 1,05,193 per kg.
-IANS
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