New Delhi. The price of gold jumped high on Monday. The gold rate on MCX crossed 1 lakh 5 thousand. At the same time, silver also saw a boom. Not only MCX, gold has become expensive in the domestic market as well. In the coming festive and Sahalag season, the chances of gold and silver and upstairs are from now on. Due to this, the purchase of both precious metals for the common people is seen to be very heavy on the pocket.
The price of 24 carat pure gold was opened at Rs 103899 per 10 grams in MCX on Monday. The price of gold at 12 noon increased by Rs 1830 per 10 grams. Due to this, the price of 10 grams of 24 carat gold on MCX increased to Rs 105729. Gold jumped high on MCX, while the other precious metal i.e. silver did not lag behind. The price of 1 kg of silver on MCX reached Rs 124990. The price of silver saw an increase of Rs 3000 per kg.
If we talk about the domestic bullion market, then on August 29, 24 carat gold was Rs 102388 per 10 grams. At the same time, its price was Rs 104792 on Monday. In this way, the price of gold in the domestic market saw an increase of about Rs 2400. The price of gold has been increasing continuously since January in 2025. Once in the middle, there was some decline in the price of gold, but then making new records of yellow metal prices. This year, the price of 24 carat gold has increased by more than Rs 28500 per 10 grams. The impact of Russia-Ukraine War and US President Donald Trump imposing 50 percent tariff on India is visible in the price of gold and silver. Earlier, when the stock market declined globally, the price of gold and silver was very fast.