Price of gold at MCX: The price of gold on 22 April MCX has reached beyond 98 thousand. At the same time, the price of gold has reached Rs 1 lakh per 10 grams by applying 3 percent tax or GST. So far (3.03 pm), the price of 24 carat gold has reached a record high by reaching Rs 98,550 per 10 grams.
Price of Gold
The price of gold has increased continuously for the last few days. Yesterday i.e. on 21 April, 24 carat gold was running around 96,000 per 10 grams. Since yesterday, the price of gold at MCX has been recorded by about 2000 rupees per 10 grams. At the same time, since December 2024 last year, the price of gold has increased by 20 thousand rupees. The price of gold is recorded by thousands of rupees every year. Gold is not just a source of investment in India, but it also connects people’s feelings.
Reflects increasing inflation
Talking about 2015, at that time the price of 24 carat gold was running at Rs 26,343 per 10 grams. However, after 10 years, the price of gold has reached Rs 1 lakh. Which clearly reflects increasing inflation. Talking only from 2015 to 2020, the price of gold has increased by Rs 23,798 in these 5 years.
President Donald Trump
Along with this, compared to the last 5 years, then since 2020 so far, there has been an increase of Rs 48,409. At the same time, in the last decade i.e. from 2015 to 2025 till now, the price of gold has increased by Rs 71,657 per 10 grams. Why are the prices of gold rising now? US President Donald Trump has just banned the tariff. Tariff means that now India will have to pay tax in tariff to export to America. However, it has been banned for 90 days. China is not involved in this ban. Due to which pyre has started increasing between China and America.