Gold Price – Gold Jumps ₹10,000 in Single Day & Silver Hike ₹18,000, Check 24K & 22K Rates
Gold Price: The Modi government has hiked import duties on gold and silver, triggering a massive surge in the prices of both precious metals. As of this morning, gold prices on the MCX have risen by ₹10,000, while silver has become dearer by up to ₹18,000. Let’s find out the current gold prices in your city.
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Gold Rate
Gold Price: The government has increased import duties on gold and silver; consequently, gold and silver prices have once again surged sharply. On the MCX, following a rise of over ₹10,000 during early trading, gold opened today at ₹154,851. During early trading hours, it touched a high of ₹163,444. As of 9:30 AM on the MCX, the price for gold contracts maturing on June 5 stands at ₹161,801 per 10 grams.
In the previous session, the June 5 gold contract had closed at ₹153,442 per 10 grams. A massive spike has been observed in gold rates. Prime Minister Modi recently appealed to the public to refrain from purchasing gold and silver for a year.
Silver Price
Turning to silver, the price of the precious metal has risen by ₹18,000. Silver contracts for July 3 delivery had closed in the previous session at ₹279,062 per kilogram and opened today at ₹290,224. During early trading, the price surged by ₹18,540 to reach ₹297,602. By 9:30 AM, the price for silver contracts maturing on July 3 had reached ₹296,520.
According to the Indian Bullion and Jewellers Association (IBJA), as of the market close on Tuesday, the price of 24-carat gold stood at ₹151,630 per 10 grams. The price for 22-carat gold was ₹147,990 per 10 grams. The official gold rates for the day are expected to be released around 12:00 PM.
IBJA Gold Rates
24-Carat Gold (999) – ₹151,632 per 10 grams
23-Carat Gold (995) – ₹151,025 per 10 grams
22-Carat Gold (916) – ₹138,895 per 10 grams
18-Carat Gold (750) – ₹113,724 per 10 grams
14-Carat Gold (585) – ₹88,705 per 10 grams
Prices in the Bullion Market
According to the All India Bullion Association, by the time the market closed in the previous session, the price of silver in Delhi had risen by ₹12,000. It reached ₹277,000 per kilogram (inclusive of all taxes). Similarly, the price of 24-carat gold increased by ₹1,500, reaching ₹156,800 per 10 grams (inclusive of all taxes).
Delhi Gold Rates
24 Carat Gold (10 grams) – ₹154,130
22 Carat Gold (10 grams) – ₹141,300
18 Carat Gold (10 grams) – ₹115,640
Mumbai Gold Rates
24 Carat Gold (10 grams) – ₹153,980
22 Carat Gold (10 grams) – ₹141,150
18 Carat Gold (10 grams) – ₹115,490
Kolkata Gold Rates
24 Carat Gold (10 grams) – ₹153,980
22 Carat Gold (10 grams) – ₹141,150
18 Carat Gold (10 grams) – ₹115,490
Chennai Gold Rates
24 Carat Gold (10 grams) – ₹156,330
22 Carat Gold (10 grams) – ₹143,300
18 Carat Gold (10 grams) – ₹119,500
Patna Gold Rates
24 Carat Gold (10 grams) – ₹154,030
22 Carat Gold (10 grams) – ₹141,200
18 Carat Gold (10 grams) – ₹115,540
Kanpur Gold Rates
24 Carat Gold (10 grams) – ₹154,130
22 Carat Gold (10 grams) – ₹141,300
18 Carat Gold (10 grams) – ₹115,640
Ghaziabad Gold Rates
24 Carat Gold (10 grams) – ₹154,130
22 Carat Gold (10 grams) – ₹141,300
18 Carat Gold (10 grams) – ₹115,640
Noida Gold Rates
24 Carat Gold (10 grams) – ₹154,130
22 Carat Gold (10 grams) – ₹141,300
18 Carat Gold (10 grams) – ₹115,640
Gurugram Gold Rates
24-Carat Gold (10 grams) – ₹154,130
22-Carat Gold (10 grams) – ₹141,300
18-Carat Gold (10 grams) – ₹115,640
Chandigarh Gold Rates
24-Carat Gold (10 grams) – ₹154,130
22-Carat Gold (10 grams) – ₹141,300
18-Carat Gold (10 grams) – ₹115,640
Jaipur Gold Rates
24-Carat Gold (10 grams) – ₹154,130
22-Carat Gold (10 grams) – ₹141,300
18-Carat Gold (10 grams) – ₹115,640
FAQs: People Also Ask
Gold Price: The government has increased import duties on gold and silver; consequently, gold and silver prices have once again surged sharply. On the MCX, following a rise of over ₹10,000 during early trading, gold opened today at ₹154,851. During early trading hours, it touched…
In the previous session, the June 5 gold contract had closed at ₹153,442 per 10 grams. A massive spike has been observed in gold rates. Prime Minister Modi recently appealed to the public to refrain from purchasing gold and silver for a year.
Turning to silver, the price of the precious metal has risen by ₹18,000. Silver contracts for July 3 delivery had closed in the previous session at ₹279,062 per kilogram and opened today at ₹290,224. During early trading, the price surged by ₹18,540 to reach ₹297,602.…
According to the Indian Bullion and Jewellers Association (IBJA), as of the market close on Tuesday, the price of 24-carat gold stood at ₹151,630 per 10 grams. The price for 22-carat gold was ₹147,990 per 10 grams. The official gold rates for the day are…
Gold Price: The government has increased import duties on gold and silver; consequently, gold and silver prices have once again surged sharply. On the MCX, following a rise of over ₹10,000 during early trading, gold opened today at ₹154,851. During early trading hours, it touched…
Priyanka Singh
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