New Delhi, 4 July (IANS). Gold and silver are good news for buyers. The price of both precious metals saw a decline on Friday.
According to the India Bullion Jewelers Association (IBJA), the price of 10 grams of gold of 24 carats has come down by Rs 316 to Rs 97,021, which was earlier Rs 97,337.
The price of 22 carat gold has come down to Rs 88,871 per 10 grams, which was earlier Rs 89,161. At the same time, the price of 18 carat gold has been reduced from Rs 73,003 per 10 grams to Rs 72,766 per 10 grams.
There has also been a decline in silver prices along with gold. The price of silver has come down by Rs 40 to Rs 1,07,580 per kg, which was earlier Rs 1,07,620 per kg.
Gold and silver have seen a boom in the futures market.
The price of gold on the multi -commodity exchange (MCX) on 5 August 2025 increased by 0.13 percent to Rs 96,908 and the price of silver 5 September 2025 increased by 0.16 percent to Rs 1,08,404.
At the international level, both gold and silver are trading with an increase. By the time the news was written, gold rose by about 0.03 percent to $ 3,343.85 an ounce and silver rose 0.13 percent to $ 37.13 an ounce on Comax.
According to market experts, gold has been in a limited range for the last one week. The July 9 deadline given by the American Trump on the tariff is approaching. The direction of gold and silver will be decided only after the new update on this.
Since January 1, the price of 10 grams 24 carat gold has increased from Rs 76,162 to Rs 20,859 or 27.38 percent to Rs 97,021. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 21,563 or 25.06 percent to Rs 1,07,580 per kg.
-IANS
ABS/