New Delhi, May 28 (IANS). Gold and silver prices have seen an increase on Wednesday. The price of gold has once again reached 95,500 per 10 grams and silver has reached Rs 97,000 per kg.
According to the India Bullion Jewelers Association (IBJA), the price of 24 carat gold has increased by Rs 548 to Rs 95,700 per 10 grams in the last 24 hours, which was earlier at Rs 95,152 per 10 grams.
At the same time, the price of 22 carat gold has increased to Rs 87,661 per 10 grams. The price of 18 carat gold has increased to Rs 71,775 per 10 grams.
The price of silver has increased by Rs 921 to Rs 97,446 per kg, which was earlier Rs 96,525 per kg.
Internationally, gold and silver prices remain almost flat. Gold is priced at $ 3,331.29 an ounce and silver is priced at $ 33.32 an ounce.
The price of gold on the multi -commodity exchange (MCX) on 5 June 2025 has increased by 0.24 percent to Rs 95,376 and the price of silver 4 July 2025 has increased by 0.08 percent to Rs 97,554.
Since January 1, the price of 10 grams 24 carat gold has increased from Rs 76,162 to Rs 19,538 or 25.65 percent to Rs 95,700. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 11,429 or 13.28 percent to Rs 97,446 per kg.
In addition, the rupee closed at around 85.40 against the dollar. At the same time, the dollar index showing the strength of the dollar stood at 99.45.
Jatin Trivedi of LKP Securities said, “Major economic figures are coming this week which includes US Fed Meeting Minutes, first quarter GDP and core PCE Price Index and the rupee will be largely decided by the activities of foreign funds in secondary markets. The rupee is expected to be between 84.80 to 85.75 in the near future.
-IANS
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