New Delhi, June 6 (IANS) is good news for gold buyers. The yellow metal price has seen a decline of about Rs 1,300 on Monday.
According to the India Bullion Jewelers Association (IBJA), the price of 10 grams of gold of 24 carat has come down by Rs 1,281 to Rs 95,864, which was earlier Rs 97,145.
The price of 22 carat gold has come down to Rs 87,811 per 10 grams, which was earlier Rs 88,985. At the same time, the price of 18 carat gold has come down from Rs 72,859 per 10 grams to Rs 71,898 per 10 grams.
Unlike gold, silver prices have seen a rise. The price of silver has increased by Rs 275 to Rs 1,05,560 per kg, which was earlier Rs 1,05,285 per kg.
The futures market has seen opposite businesses in gold and silver.
The price of gold on the multi -commodity exchange (MCX) on 5 August 2025 fell 0.27 percent to Rs 96,776 and the silver contract of 4 July 2025 increased by 0.67 percent to Rs 1,06,164.
Jatin Trivedi of LKP Securities said that gold performance was weak due to US-China talks. Gold prices in MCX opened up to Rs 96,400, with a decline of around Rs 600. However, the initial weakness attracted the decline-failure, which helped the prices reach Rs 96,800.
Internationally, both gold and silver are trading in contrast. By the time the news was written, gold fell nearly 0.40 percent to $ 3,332.95 an ounce and silver rose 0.81 percent to $ 36.44 an ounce.
Since January 1, the price of 10 grams 24 carat gold has increased from Rs 76,162 to Rs 19,702 or 25.86 percent to Rs 95,864. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 19,543 or 22.71 percent to Rs 1,05,560 per kg.
-IANS
ABS/