New Delhi, June 6 (IANS) is good news for gold buyers. The price of yellow metal has seen a decline of over Rs 1,000 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 1,018 to Rs 97,145, which was earlier Rs 98,163.
The price of 22 carat gold has come down to Rs 88,985 per 10 grams, which was earlier Rs 89,917. At the same time, the price of 18 carat gold has been reduced from Rs 73,662 per 10 grams to Rs 72,859 per 10 grams.
Unlike gold, silver prices have seen a rise. The price of silver has increased by Rs 610 to Rs 1,05,285 per kg, which was earlier Rs 1,04,675 per kg.
Gold and silver prices have seen a rise in the futures market.
The price of gold on the multi -commodity exchange (MCX) on 5 August 2025 has increased by 0.08 percent to Rs 97,957 and the price of silver on July 4, 2025, has increased by 1.03 percent to Rs 1,05,522.
Cama Jewelery MD Colin Shah said that due to global reasons, gold prices in domestic and international markets continue to fluctuate. Investors are eyeing the meeting of the US Fed to be held in the middle of this month and only after that the direction of gold move will be decided globally.
Internationally, gold and silver prices continue to rise. By the time the news was written, gold was increased by nearly 0.24 percent to $ 3,383.61 an ounce and silver increased by 1.40 percent to $ 36.298 an ounce.
Since January 1, the price of 10 grams 24 carat gold has increased from Rs 76,162 to Rs 20,983 or 27.55 percent to Rs 97,145. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 19,268 or 22.40 percent to Rs 1,05,285 per kg.
-IANS
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