Gold-Silver Rate Today: Gold and silver become expensive amid Iran-US tension, know today’s latest price

Gold-Silver Rate Today In India: The direct impact of the increasing tension between Iran and America in the international market is now clearly visible on the Indian bullion market. Amidst this stressful environment, a huge jump in the prices of gold and silver has been recorded in the country’s markets today. The continuously increasing prices of gold and silver in the bullion market of Delhi has greatly increased the concern of common customers. Due to increase in metal prices before the festive season, people planning to buy jewelery will now have to shell out more money.

Market analysts believe that due to the weakness of the US dollar and geopolitical crisis, this fluctuation may continue further. In the MCX market too, there has been a huge rise in the future prices of gold and silver due to the huge interest of investors. Those who are planning to buy jewelery for investment or wedding at this time should know the latest rates. Therefore, we are giving you complete information about the accurate and latest prices of gold and silver in different cities of the country.

latest price of gold

According to the Indian Bullion and Jewelers Association, till the market closed, the price of 24 carat gold was Rs 1,43,368 per 10 grams. At the same time, the price of gold in Delhi’s bullion market has increased to a high of Rs 1,48,500 per 10 grams. The future price of 24 carat gold on the Multi Commodity Exchange has been recorded at Rs 1,43,480 per 10 grams. Apart from this, according to GoodReturns, the price of 24 carat gold remains at Rs 1,44,330 per 10 grams.

today’s price of silver

Along with gold, silver prices have also seen a huge change and the price in Delhi has increased by Rs 5,000 to Rs 2,37,000 per kg. The future price of silver on MCX has reached Rs 2,22,680 per kg, which is big news for investors. According to the Indian Bullion and Jewelers Association, by the close of the market on Friday, 1 kg of silver became worth Rs 2,20,390. According to GoodReturns, silver is priced at Rs 2,35,000 per kg, so customers should check the exact price before purchasing.

Gold rates in major cities

There is a slight difference in the prices of 24 carat gold due to local taxes in various major cities of the country. The price of 24 carat gold in the capital Delhi is Rs 1,44,480 per 10 grams, while in the financial capital Mumbai it is Rs 1,44,330. This price is Rs 1,45,090 in Chennai, Rs 1,44,380 in Patna and Rs 1,44,480 per 10 grams in Lucknow, the capital of Uttar Pradesh. In Kolkata also, the rate of 10 grams of gold has been recorded at Rs 1,44,330.

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Opinion of experts and investors

According to Saumil Gandhi, senior analyst at HDFC Securities, the weak US dollar and buying at low prices have supported the business sentiment. Others say that the spot gold price is stable due to diplomatic efforts between the US and Iran. Investors are now eagerly waiting for new data from the US Consumer Price Index to get signals about the Federal Reserve’s interest rates. Only after the arrival of these data will the next direction of the market be completely decided.