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Gold Prices Jump to Highest in 5 Months- Know New Rates Here.

Gold Prices Jump to Highest in 5 Months- Know New Rates Here.

Gold Prices Jump to Highest in 5 Months

Gold price rose by Rs 227 to Rs 54,386 per 10 gram in the national capital on Monday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 54,159 per 10 gram. Silver also jumped Rs 1,166 per kilogram to Rs 67,270 per kg.

READ ALSO: Kashmir University BG 6th Semester Important Instructions For Regular amd Backlog Candidates.

“Gold prices headed higher following weakness in the dollar,” Dilip Parmar, Research Analyst at HDFC Securities, said. In the international market, gold was trading flat at USD 1,798.5 per ounce while silver was up at USD 23.08 per ounce.

Gold Prices Jump to Highest

Gold prices in India today jump to highest in 5 months: Gold prices in India continued their recent upward trend while silver also extended gains. On MCX, gold futures rose 0.3% to five-month high of 54,006 per 10 gram, buoyed by firm global rates. Silver futures jumped 0.8% to 66,970 per kg. In global markets, gold rose to a five-month high as Chinese cities relaxed COVID-19 restrictions over the weekend. Spot gold gained past $1,800 per ounce, also supported by a pullback in US dollar. China is the biggest consumer of gold and scaling back of restrictions mean that gold demand will increase in the region, say analysts.

The dollar index today was down near five-month lows, making greenback-priced bullion cheaper for overseas buyers.

In India, gold is not just a symbol of prosperity and wealth but also a long-term investment. Gold rates change daily based on various factors ranging from local economic factors to global trends.

Today 22 Carat Gold Price Per Gram in Mumbai (INR)

Gram 22K Today 22K Yesterday Price Change
1 gram 4,960 4,945 15
8 gram 39,680 39,560 120
10 gram 49,600 49,450 150
100 gram 4,96,000 4,94,500 1,500

Today 22 Carat Gold Price Per Gram in Delhi (INR)

Gram 22K Today 22K Yesterday Price Change
1 gram 4,975 4,960 15
8 gram 39,800 39,680 120
10 gram 49,750 49,600 150
100 gram 4,97,500 4,96,000 1,500

Today 24 Carat Gold Rate Per Gram in Delhi (INR)

Gram 24K Today 24K Yesterday Price Change
1 gram 5,426 5,410 16
8 gram 43,408 43,280 128
10 gram 54,260 54,100 160
100 gram 5,42,600 5,41,000 1,600

 

NOTE: Please note that Gold price rates today for both 22-carat and 24-carat mentioned in the story are indicative and excluding of the Goods and Services Tax (GST), TCS, and other levies. Gold prices at jewellery shops may differ.

(With Inputs From Agencies)

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