Gold-Silver Rate Today: Fall in gold and silver prices in India today, know the rate in your city.

Gold-Silver Rate Today In India: The direct impact of the ongoing heavy political and military tension in the countries of West Asia is clearly visible on the Indian bullion market. Today, the price of gold has fallen to Rs 1.64 lakh per 10 grams in the bullion market of the country’s capital Delhi. With this, the future price of 24 carat pure gold on Multi Commodity Exchange has fallen directly to Rs 1,58,588 per 10 grams. Due to low price of gold in the market, common customers buying jewelery for weddings have got a huge financial relief.

The price of spot gold in the international trading markets has fallen marginally to a low of $ 4,522.32 an ounce. Despite the reduction in diplomatic tensions between America and Iran at the global level, the major dispute over the Strait of Hormuz still continues. After the latest talks mediated by US Secretary of State Marco Rubio, some caution has been seen among investors in the stock and bullion markets. Since all the bullion markets remain closed on Saturday and Sunday, the same old prices will remain valid across the country till Monday.

Today’s price in major cities

According to GoodReturns data, the price of 24 carat gold in the country’s capital Delhi has been recorded at Rs 1,59,210 and 22 carat gold at Rs 1,45,950. In big cities like India’s financial capital Mumbai, Kolkata in West Bengal, Pune in Maharashtra and IT hub Bengaluru, the price of 24 carat gold is Rs 1,59,060. Apart from this, in South India’s Chennai city it is highest at Rs 1,60,690, while in the pink city Jaipur the price remains stable at Rs 1,59,210.

price of silver per kilogram

There has been a sharp decline in silver prices in the domestic market for some time now. According to the data received, the price of silver per kilogram has now reached its lowest level of Rs 2,66,000. Earlier, the same silver was being sold in the market at a high and historic level of Rs 2,84,900 per kg.

historical gold futures market

In the commodity futures market, on January 29 this year, gold had reached its highest and historical level of Rs 1,80,779 per 10 grams. But on the last trading day on Friday, the price of gold fell by Rs 521 and remained limited to Rs 1,59,085 per 10 grams. Market experts have said that this huge fall in Indian gold futures prices was due to the huge weakness in the global markets.

Also read: Will gold be available cheaper in the wedding season now? Know the complete game?, VIDEO

Latest official rates of IBJA

According to the latest data released by the Indian Bullion and Jewelers Association, the official price of 24 carat pure gold on Friday was Rs 1,58,117. Apart from this, 22 carat gold is sold at the price of Rs 1,44,835, 18 carat gold at Rs 1,18,588 and 14 carat gold at Rs 92,498 per 10 grams. According to market experts and analysts, this huge fluctuation in gold prices in the domestic bullion market is mainly influenced by the position of the Indian Rupee.