Since the budget, there has been such a huge decline in the price of gold and silver that gold and silver have not been able to return to their all-time high level. Silver rate is also seeing a decline today. Although gold is showing a rise of only Rs 72 per 10 grams on MCX, the price of silver has come down by Rs 154. Let us know what is the price of 24 carat gold and silver?
Talking about the gold-silver rate on MCX, gold was trading at Rs 69381 per 10 grams today i.e. Tuesday, up by Rs 72. On the other hand, silver was trading at Rs 79446 per kg, down by Rs 152. Gold rate is for October 4 futures and silver is for September 5 futures.
Gold is so much cheaper than the all time high level
Talking about the rate of gold in the bullion market, the price of 10 grams of 24 carat gold was Rs 68,904 in the morning, which increased to Rs 69182 per 10 grams by the evening. That is, gold has risen by Rs 280 during the day’s business. On the other hand, compared to yesterday, there has been a marginal increase of Rs 70 per 10 grams in the gold rate. Meanwhile, the rate of gold is still cheaper by more than Rs 5 thousand compared to its all-time high level of Rs 74000 per 10 grams.
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Rise in the price of silver
According to IBJA data, silver rates have fallen. Even though the price of silver has fallen by Rs 152 per kg on MCX, the price of silver has increased in the bullion market. The price of pure one kg silver is Rs 79158, while it was Rs 78444 per kg in the morning.
gold price in bullion market
- 24K gold rate is Rs 69182 per 10 grams.
- The price of 22K gold is Rs 63371 per 10 grams.
- The price of 18k gold is Rs 51887 per 10 grams.
- The price of 999 purity silver is Rs 79158 per kg.
Status of gold in international market
It is worth noting that after the fall in the global market, the price of gold is witnessing a rise. The gold rate at the international level has risen by $ 10.21 per ounce to $ 2,414.99 per ounce. Crude oil has risen by $ 1.78 to $ 74.24 per barrel.
Source (PTI) (NDTV) (HINDUSTANTIMES)