New Delhi, 22 April (IANS). Gold prices continue to rise. Gold became expensive by Rs 1,220 per gram on Thursday. At the same time, there has been a slight change in the prices of silver.
According to the latest prices released by the India Bullion Jewelers Association (IBJA), 10 grams of gold of 24 carats has increased by Rs 1,220 to Rs 97,455, which was earlier Rs 96,235.
Apart from this, the price of 22 carat gold has increased to Rs 89,269 per 10 grams, which was earlier at Rs 88,151. The price of 18 carat gold has increased to Rs 73,091 per 10 grams. It was earlier at Rs 72,176.
Silver prices have increased slightly. According to IBJA, silver price has increased by Rs 4 to Rs 1,05,498 per kg, which was earlier at Rs 1,05,494 per kg.
Gold and silver have traded in the futures market. Gold’s contract on multi -commodity exchange (MCX) rose by 1.89 percent to Rs 98,533 and silver’s contract increased by 0.42 percent to Rs 1,05,830 at Rs 1,05,830.
In the international market, both gold and silver are seeing a boom. By the time the news was written, the gold rose by 2 percent to $ 3,412 an ounce and silver rose by 0.10 percent to $ 36.263 an ounce.
Since January 1, the price of 10 grams of gold of 24 carats has increased from Rs 76,162 to Rs 21,293 or 27.95 percent to Rs 97,455. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 19,813 or 23.03 percent to Rs 1,05,830.
Additionally, the rupee today saw a fall of 7 paise against the dollar and closed below 85.60. The reason for this is believed to be a boom in crude oil and selling in the stock market from FII.
-IANS
ABS/