Gold Silver Price Today: Strong rise in gold and silver prices, brake on fall, know today’s latest gold and silver rates.

Business Desk – Gold Silver Price Today: There has now been a break in the ongoing decline in gold and silver prices for the last several days. After weak US employment data, there was a strong rise in gold and silver in the domestic and international commodity markets. According to India Bullion and Jewelers Association (IBJA), the price of 24 carat gold increased by Rs 1,371 to Rs 1,43,000 per 10 grams.

At the same time, the price of silver increased by about Rs 3,400 to Rs 2,29,000 per kg. On Friday morning, on the international market COMEX, gold was seen trading at $ 4,198.50 an ounce and silver at $ 62.560 an ounce.

Big rise in gold and silver on MCX too

A huge jump was also recorded in the prices of gold and silver on Multi Commodity Exchange (MCX). On Friday, gold reached Rs 1,47,648 per 10 grams, while silver was seen trading at Rs 2,37,325 per kg with a rise of about Rs 5,000. Earlier on Thursday, gold on MCX had closed at Rs 1,45,723 per 10 grams and silver at Rs 2,33,200 per kg.

Movement of buyers increased in bullion markets

In the month of June, the price of gold had fallen by around Rs 13,000 and that of silver by around Rs 30,000. After this big fall, the crowd of buyers had increased in the bullion markets. Now, with the rise in prices again, the market has become more volatile. However, investors are keeping an eye on whether this boom will last for a long time or not.

Why did the prices of gold and silver increase?

According to experts, the prices of gold and silver are most affected by geopolitical tension, US interest rates, dollar index and purchases by central banks. This time, America’s weak employment data increased the pressure on the dollar, after which investors turned towards safe investments i.e. gold and silver. For this reason, there was a sharp rise in the prices of both.

Silver price in major cities

On Friday, the price of silver in Chennai and Hyderabad reached Rs 2,50,100 per kg. Whereas in Delhi, Mumbai, Kolkata and Bengaluru, the price of silver was recorded at Rs 2,45,100 per kg.

Gold price in Delhi today

In Delhi, 24 carat gold reached Rs 14,394 per gram, 22 carat gold reached Rs 13,196 per gram and 18 carat gold reached Rs 10,800 per gram.

gold rate in mumbai

In Mumbai, 24 carat gold is trading at Rs 14,379 per gram, 22 carat gold at Rs 13,181 per gram and 18 carat gold at Rs 10,785 per gram.

Latest gold rates in Chennai

In Chennai, the price of 24 carat gold was recorded at Rs 14,619 per gram, 22 carat gold at Rs 13,401 per gram and 18 carat gold at Rs 11,161 per gram.

Gold price in Bengaluru

In Bengaluru, 24 carat gold reached Rs 14,379 per gram, 22 carat gold reached Rs 13,181 per gram and 18 carat gold reached Rs 10,785 per gram.

Gold prices in other cities (per gram)

Patna: 24 carat Rs 14,379 22 carat Rs 13,181 18 carat Rs 10,785
Hyderabad: 24 carat Rs 14,379 | 22 carat Rs 13,181 18 carat Rs 10,785
Kerala: 24 carat Rs 14,379 | 22 carat Rs 13,181 18 carat Rs 10,785
Pune: 24 carat Rs 14,379 | 22 carat Rs 13,181 18 carat Rs 10,785
Ahmedabad: 24 carat Rs 14,384 | 22 carat Rs 13,186 18 carat Rs 10,790