New Delhi, 3 April (IANS). Gold prices remain on all-time high and 10 grams of gold of 24 carats has increased to more than Rs 91,000.
According to the Indian Bullion and Jewelers Association (IBJA), the price of 24 carat gold on Thursday has increased by Rs 214 to Rs 91,210 per 10 grams. Earlier, the price of 24 carat gold was Rs 90,996.
The price of 22 carat gold has increased to Rs 89,002 per 10 grams and the price of 18 carat gold to Rs 73,880 per 10 grams.
Unlike gold, there has been a decline in the price of silver. The price of one kilo of silver has fallen by Rs 2,236 to Rs 97,300 per kg. Earlier, the price of silver was Rs 99,536 per kg.
The increase in the price of gold is due to increased global volatility after imposing counter tariffs by US President Donald Trump, weakness in rupee against the dollar and the continuous purchase of gold by the central banks of the world.
Internationally, gold prices remain high levels and remains around $ 3,117 an ounce. At the same time, silver price is close to $ 32 an ounce.
Cama Jewelery MD Colin Shah said that gold prices may cross the $ 3,200 level. The reason for this is the increased global instability by the US announcement. We feel that global instability will remain in the coming time, so that the prices of gold will continue to support.
Since the beginning of 2025, gold has given more than 20 percent returns. On January 1, the rate of 10 grams of gold of 24 carat was Rs 76,162, which has now increased by Rs 15,048 to Rs 91,210 per 10 grams.
During this time, silver has given a return of about 13 percent. On January 1, the price of silver was Rs 86,017 per kg, which has increased by Rs 11,283 to Rs 97,300 per kg.
-IANS
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