Gold Price Rises – Gold Up ₹1,095 & Silver Jumps ₹1,307, Check 24K, 22K & 14K Rates
gold price Rises: Gold prices have become a source of anxiety for the general public. People appear highly confused about when and how to buy gold and silver, as prices fluctuate daily. Yesterday, June 8, saw a drop of approximately ₹3,000 in gold prices, whereas today—June 9—prices have risen again. Consequently, purchasing gold jewelry is becoming increasingly difficult for consumers.
According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold has increased by ₹1,095 today (Tuesday), reaching ₹1,52,584 per 10 grams. Meanwhile, silver prices have also surged; the cost of 1 kg of silver has risen by ₹1,307 to reach ₹2,45,607. Let us take a look at the current prices for 24-carat, 23-carat, and 22-carat gold.
According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat (999 purity) gold has increased by ₹1,095, reaching ₹1,52,584 per 10 grams.
23K Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 23-carat (995 purity) gold has increased by ₹1,091, reaching ₹1,51,973 per 10 grams.
22K Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 22-carat (916 purity) gold has increased by ₹1,003, reaching ₹1,39,767 per 10 grams.
18K Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 18-carat (750 purity) gold has risen by ₹821, reaching ₹1,14,438 per 10 grams.
14K Gold Rate
According to the India Bullion and Jewellers Association (IBJA), the price of 14-carat (585 purity) gold has increased by ₹641, reaching ₹89,262 per 10 grams.
Silver Price
According to the India Bullion and Jewellers Association (IBJA), the price of 1 kg of silver has risen by ₹1,307 to reach ₹2,45,607.
Please note that the rates issued by the IBJA do not include 3% GST. Gold prices increase once GST and making charges are added.
Gold and silver prices declined today on the Multi Commodity Exchange (MCX). At 12:43 PM, silver futures on the MCX were trading at ₹2,46,255 per kilogram. Meanwhile, gold for August delivery reached ₹1,54,800 per 10 grams.
Gold Prices in the International Market
In the international market, the spot gold price stands at $4,332.50 per ounce. US gold futures for August delivery saw a slight decline of 0.1%, settling at $4,357.10 per ounce.