Gold Rate Latest News: In a rather unexpected turn of events, gold prices have taken a step back during the festive season, defying the anticipation of a continuous increase. With just a week left until the festival of Diwali, the rates of both 22 and 24 carat gold have witnessed a decline by Rs 100 to Rs 200 per 10 grams. Presently, gold is trading at a rate of Rs 61,790 per 10 grams in Delhi NCR, offering a silver lining for potential buyers. On the other hand, the price of silver has shown an upward trend, currently standing at Rs 75,200.
For the unversed, the Monetary Policy Committee (MPC) of the Reserve Bank will be meeting for three days on April 3, 5 and 6 to take into account various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24.