Gold Price Today: There was a decline in gold prices on Monday. According to the Indian Bullion Jewelers Association, the price of 24 carat gold has reached Rs 62,380 per 10 grams. Earlier, the rate of 10 grams of 24 carat gold was Rs 62,642 per 10 grams. At the same time, the price of silver is hovering around Rs 70,600 per kg.
What is the rate of 22,20,18 and 14 carat gold?
According to the Indian Bullion Jewelers Association, the rate of 22 carat gold is Rs 60,880 per 10 grams. The price of 20 carat gold is Rs 55,520 per 10 grams, the rate of 18 carat gold is Rs 50,530 per 10 grams. At the same time, the rate of 14 carat gold has become Rs 40,240 per 10 grams.
Gold and silver prices in international market
Gold prices are under pressure in the international market. At the same time, there is a rise in the prices of silver. The rate of 24 carat gold has reached $2,037 per ounce. At the same time, silver is trading at $ 22.93 per barrel with an increase of 1.5 percent. Due to the decision of the Fed to keep the interest rates unchanged, the prices of gold and silver are under pressure and have fallen far below the upper levels.
Gold and silver futures prices
Gold prices are under pressure in the futures market. The price of 24 carat gold in April Contact is Rs 62,230 per 10 grams. At the same time, the contract of silver for March 05, 2024 is trading at Rs 71,382 per kg with an increase of 0.86 percent. The pressure on gold prices in futures is due to reduction in long positions.
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