Gold Price Today: There has been a decline in gold prices today. However, it still remains above the level of 62,000.
Gold Price Today: There is good news for gold buyers. There was a slight decline in gold prices on Friday’s trading day. According to the Indian Bullion Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has become Rs 62,030. Earlier it was 62,155. The price of silver is hovering around Rs 70,000 per kg.
What is the price of 22,20,18 and 14 carat gold?
According to the Indian Bullion Jewelers Association (IBJA), the price of 22 carat gold is Rs 60,540 per 10 grams, the rate of 20 carat gold is Rs 55,200 per 10 grams, the price of 18 carat gold is Rs 50,240 per 10 grams and the price of 14 carat gold is Rs 40,010. Running per 10 grams.
Fall in the prices of gold and silver in the international market
A decline in the prices of gold and silver is being seen in the international market. 24 carat gold is trading 0.25 percent down at $2,025 per barrel and silver is trading 0.84 percent down at $22.59 per barrel. Gold and silver prices are under pressure after the US Fed’s commentary on low interest rates.
Gold and silver prices in futures
A fall in the prices of gold and silver is also seen in futures. The 24-carat gold contract for April 5, 2024 is trading down by 0.15 percent at Rs. 61,883 per 10 grams and the silver contract for March 05, 2024 is trading at Rs. 69,813 per kg, down by 0.65 percent. The reason for the fall in gold and silver futures prices is reducing positions by traders.