Silver price soared to Rs 69,800 per kg according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. In New Delhi, the price of 22-carat gold stayed at Rs 47,800 per 10 gm, while in Chennai it was at Rs 46,560. In Mumbai, the rate was at Rs 47,960. The price of 24-carat gold in Chennai was at Rs 50,780 per 10 gm. The gem and jewellery industry has sought a reduction in customs duty on gold to four per cent, withdrawal of tax collected at source (TCS), cut in import duty on polished precious and semi-precious gemstones, in the upcoming Union Budget 2021-22.
silver price was trending at Rs 66,500 per kg, according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. In New Delhi, the price of 22-carat gold is at Rs 47,910 per 10 gm, while in Chennai it rose to Rs 46,510. In Mumbai, the rate was Rs 48,100 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 50,730 per 10 gm. In the international market, gold prices rose more than 1 per cent on Wednesday as US Treasury secretary nominee Janet Yellen bolstered bets for another stimulus package under President Joe Biden.
silver price was trending at Rs 48,910 per kg, according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges. In New Delhi, the gold price of 22-carat gold is at Rs 48,130 per 10 gm, while in Chennai it fell to Rs 46,070. In Mumbai, the rate was Rs 47,900 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 50,260 per 10 gm.
Silver prices remained unchanged at Rs 65,000 per kg in previous trade. In the international market, gold prices slumped more than 1 per cent on Friday and the metal was heading for a second straight weekly drop as the dollar continued its upturn, overshadowing bullion s appeal as an inflation hedge as the US rolls out more stimulus.
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वर्ल्ड गोल्ड काउंसिल (डब्ल्यूजीसी) की एक रिपोर्ट के अनुसार, कोरोना वायरस महामारी के प्रकोप के उबरने के साथ भारत में 2021 के दौरान उपभोक्ता भावनाओं में सुधार हो रहा है और सोने की मांग सकारात्मक दिखाई दे रही है। रिपोर्ट के मुताबिक नवंबर में धनतेरस के शुरुआती आंकड़े बताते हैं कि आभूषणों की मांग औसत से कम थी, लेकिन इसमें पिछले साल की दूसरी तिमाही (अप्रैल-जून 2020) के निचले स्तर के
Gold prices today fall sharply, silver rates slump ₹900
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Gold is now down about ₹7500 from record highs
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Gold prices fell sharply in Indian markets with MCX February futures slumping below the ₹49,000 level. Gold was down 0.9% or ₹450 to ₹48,860 per 10 gram while silver futures slumped 1.4% or ₹900 to ₹65,127 per kg. The precious metal is now down about ₹7500 from record highs of ₹56,200, hit in August.
In global markets, gold prices were lower today amid higher US Treasury yields and a stronger dollar. Gold was at $1,840 an ounce, down 0.3%. Bond yields and the dollar rose today after a report indicated that US President-elect Joe Biden plans a massive Covid-19 relief package of about $2 trillion.