Gold-Silver Rate Today: Huge rise in gold and silver in India today, silver costlier by Rs 5000 and gold by Rs 1600

Gold-Silver Rate Today In India: Today, on May 30, there has been a huge jump in the prices of gold and silver in the bullion market of India. Due to this huge rise, a huge increase of Rs 5,000 has been recorded in the price of silver. On the other hand, the price of gold has also seen a strong rise of Rs 1,600.

Due to the demand of wedding season in the domestic market, the prices of these two precious metals are continuously increasing. Apart from this, the market has also been supported by strong global trends and the initial agreement between America and Iran. Today in the market, 24 carat gold is at Rs 1,57,650 and silver at Rs 2,80,100 per kg.

gold price

According to the latest data of Good Returns, there has been a slight increase of Rs 10 in 24 carat gold. With this increase, 24 carat gold is trading at Rs 1,57,650 per 10 grams. Today, customers will have to pay a higher price than before to buy 24 carat pure gold.

In the market, 22 carat gold has also increased by Rs 10 and reached Rs 1,44,510. Apart from this, the price of 18 carat gold has increased by Rs 10 to Rs 1,18,240. People are purchasing jewelery of different carats according to their need and budget.

On MCX, gold for delivery on August 5 closed at Rs 1,61,059 with a gain of Rs 146. Whereas gold for delivery on June 5 fell by Rs 925 to Rs 1,56,000. Whereas gold for delivery on October 5 gained Rs 624 and stood at Rs 1,64,732.

rise in silver price

Along with gold, a slight increase of Rs 100 has also been seen in the prices of silver today. After this rise, silver is trading at a high price of Rs 2,80,100 per kg. Due to increase in industrial demand, silver prices are expected to get considerable support in the market in future also.

Also read: Gold-Silver Rate Today: Heavy fall in gold and silver prices today, know the latest prices.

Reason for rising prices

The market has been affected by the ceasefire between America and Iran. There has been a huge and healthy increase of about one percent in the spot gold prices in the foreign market. Gold and silver prices remain strong today due to expectations of marriage in the domestic market.