There has been a continuous upward trend in gold prices. In Wednesday’s trading session, the price of gold increased by Rs 70 per 10 grams, due to which the price of gold reached Rs 66,320 per 10 grams in the bullion market of the national capital on Wednesday. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 66,250 per 10 grams. Silver price also increased by Rs 150 to close at Rs 76,650 per kg. In the previous trading session, it had closed at Rs 77,500 per kg.
Why is the price of gold increasing?
Speaking to news agency PTI, Saumil Gandhi, Senior Analyst (Commodities), HDFC Securities, said that the spot price of gold (24 carat) in Delhi markets was trading at Rs 66,320 per 10 grams, which was Rs 70 from the previous closing price. Is fast. A weak rupee pushed up gold prices in the domestic market, but demand remained weak.
Gold and silver rise in international market
There has been a slight increase in the prices of gold and silver in the international market. Gold is up by $ 0.75 per ounce or 0.04 percent at $ 2,160 per barrel. At the same time, silver is trading almost flat and it remains at $ 25.148 an ounce. Monetary policy is to be announced today by the US central bank Fed. Before this, gold and silver were trading in a limited range.
What is the rate of 22,20,18 and 14 carat gold?
According to the Indian Bullion Jewelers Association (IBJA), the rate of 22 carat gold is Rs 64,110 per 10 grams. At the same time, the price of 20 carat gold is Rs 58,460 per 10 grams, the price of 18 carat gold is Rs 53,211 per 10 grams and the price of 14 carat gold is Rs 42,370 per 10 grams.
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