Gold-Silver Rate Today: Gold and silver prices changed amid US-Iran tension, know today’s new rate

Gold-Silver Rate Today In India: The impact of the ongoing conflict between America and Iran is clearly visible on the Indian bullion market. Today, big and important changes have been seen in the prices of gold and silver in India. Even at the international level, the period of continuous fluctuations in the prices of these two precious metals is continuing. In the global market, the price of spot gold has increased to $ 4,023 an ounce and silver to $ 56.22 an ounce.

The futures price of 24 carat gold on MCX has increased by 0.47 percent today to Rs 1,41,006 per 10 grams. Along with this, the future price of silver on MCX has also registered a slight increase to Rs 2,16,449 per kg. Due to the market being closed on Saturday and Sunday, the same old prices will remain fully valid across the country during the weekend. Investors’ eyes are now deeply focused on the next trend of the market and international developments.

latest gold price

Talking about gold prices, according to All India Bullion Association, the price of 24 carat gold has come down to Rs 1,45,500 per 10 grams. According to the official data of the Indian Bullion and Jewelers Association (IBJA), the price till the market closed on Friday was Rs 1,41,159. According to Bullions, the new price of 24 carat gold in the Indian market has been recorded at Rs 1,41,600 per 10 grams. Apart from this, according to GoodReturns website, the price of 24 carat gold still remains at Rs 1,43,440 per 10 grams.

new prices of silver

If we talk about the new prices of silver, then according to All India Bullion Association it has come down to Rs 2,22,500 per kg. According to the latest data of bullions, the price of silver in the Indian market has reached the level of Rs 2,16,840 per kg. According to IBJA, at the time of market closing on Friday, the last price of silver was recorded at Rs 2,15,474 per kg. Apart from this, according to GoodReturns, silver is being sold in India at Rs 2,30,000 per kg, which may vary slightly in different markets.

Gold rate in major cities

According to GoodReturns data, there is always a slight difference in the prices of gold in different major and big cities of the country. 24 carat gold is being sold at Rs 1,43,440 in the markets of the country’s capital Delhi, Lucknow, Noida, Gurugram, Ayodhya, Kanpur and Jaipur. Whereas in big cities like the country’s financial capital Mumbai, Kolkata, Pune, Nagpur and Chennai, the price of 24 carat gold is Rs 1,43,290. In Patna, Indore, Ahmedabad, Vadodara and Surat markets of Gujarat, the price of gold was recorded at Rs 1,43,340 per 10 grams.

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Experts’ opinion and market condition

Regarding this huge decline in the bullion market, major market experts have clarified their important opinion and its main reasons. Experts said that heavy selling by traders in the stock and commodity markets has put a lot of pressure on silver prices.

At the same time, weak demand from customers in the spot market has been the main and important reason for this huge fall in gold prices. Market experts say that after a pause of two sessions, this huge fall in gold prices has started again.