New Delhi: Gold prices have again seen a rise today, while silver prices have fallen. On August 18, gold rose by Rs 880 to Rs 1,55,060 per 10 grams. At the same time, silver fell by Rs 2,522 and is trading at Rs 2,35,526 per kg. Weakness has been seen in both the metals in the international market also.
In the international market, the price of gold has fallen by 0.56 percent to $ 4,448 per ounce. At the same time, the price of silver slipped 1.47 percent and is trading at $ 65.255 an ounce. Amidst the rise in oil prices, investors have booked profits at high levels. This has increased the concern about the interest rates of the US Federal Reserve and other big central banks. Gold is generally considered a safe investment to protect against the effects of inflation. However, if interest rates increase, there may be pressure on gold, because investors do not get any regular income in the form of interest from this metal.
22 carat gold price today
In the bullion market in Delhi, the price of 24 carat gold has increased by Rs 23 to Rs 15,604 per gram. The price of 22 carat gold is Rs 14,305 per gram, while the rate of 18 carat has reached Rs 11,707 per gram. In Bhopal, 24 carat gold has increased by Rs 23 to Rs 15,594 per gram. Here the price of 22 carat gold is Rs 14,295 and the rate of 18 carat gold is Rs 11,697 per gram. At the same time, according to another market price, 24 carat gold is at Rs 15,589, 22 carat at Rs 14,290 and 18 carat at Rs 11,692 per gram.
latest rate of silver
The price of one kilogram of silver in Mumbai has reached Rs 2,50,000. The price of 10 grams of silver is said to be Rs 2,884 including making charges. Almost the same sentiment is being seen in other cities including Delhi. As expectations of tightening in interest rates decrease, silver is expected to remain bullish further.