New Delhi. The price of gold does not seem to fall. According to the data given on the website of India Bullion and Jewelers Association (IBJA), the price of gold was to affect the pocket on Tuesday evening. The price of 10 grams of 24 carat gold was 112155 rupees. At the same time, the price of 22 carat gold in the market was 111706, 20 carat gold priced 101829, 18 carat gold was 83375 and 14 carat gold was 65611 rupees per 10 grams. According to the association, this price does not include a making charge of jewelery and 3 percent GST.
Gold is constantly making new records on the Multi Commodity Exchange i.e. MCX. On Tuesday, the price of 10 grams per 24 carat gold on MCX was Rs 114179. Gold on MCX was opened at Rs 112200 per 10 grams. After which it set a new record in the futures market. The price of gold is expected to increase further in the coming days. The market experts claim that if the current situation continues, the price of 24 carat gold can reach 125000 by December 2025.
This year, gold has been steadily intensifying. Russia-Ukraine War, Hamas’s military action on Hamas and Israel’s war with Iran continued to fast. Apart from this, the effect of uproar in the stock markets around the world has also proved to be helpful in climbing the price of gold. Many countries including China and India have purchased large quantities of gold in the past. This also increased the price of gold internationally. It is currently the festival season in India. After this, weddings will start. In such a situation, there is no scope for reduction in the price of gold.
