Home Business Gold and silver costs attain all-time excessive in India | Check DETAILS inside

Gold and silver costs attain all-time excessive in India | Check DETAILS inside

Gold and silver costs attain all-time excessive in India | Check DETAILS inside

[ad_1]

Representational Image
Image Source : FILE Representational Image

Gold and silver costs in India have reached an all-time excessive because the 24-carat charge per 10 grams rose by Rs 100 to Rs 63,300, whereas silver costs rose by Rs 500 to shut at Rs 79,700 per kg, based on HDFC Securities. The worth of gold had closed at Rs 63,200 per 10 grams within the earlier commerce.

In the worldwide markets, each gold and silver have been quoting greater at $2,042 per ounce and $25.30 per ounce, respectively. Spot gold at Comex was buying and selling at $2,042 per ounce, a rise of $2 from its earlier commerce.

The buy of gold the world over has seen a big enhance, inflicting the costs to go up. Another purpose for the value hike is the weakening of the greenback index, which has come down by 0.30 per cent in Friday’s commerce session. Due to reducing inflation within the United States, the Federal Reserve has indicated a softening of rates of interest.

HDFC Securities’ Senior Analyst of Commodities Saumil Gandhi stated that merchants predict that the Federal Reserve wouldn’t increase rates of interest once more and doubtlessly easing financial coverage within the first half of 2024, which can proceed to help gold costs.

Check gold costs in varied cities

  • Ahmedabad – Rs 63,810 (24 carat per 10 g)
  • Jaipur – Rs 63,910 (24 carat per 10 g)
  • Kolkata – Rs 63,760 (24 carat per 10 g)
  • Bengaluru – Rs 63,760 (24 carat per 10 g)
  • Chandigarh – Rs 63,910 (24 carat per 10 g)
  • Surat – Rs 63,810 (24 carat per 10 g)
  • Mangaluru – Rs 63,760 (24 carat per 10 g)
  • Nashik – Rs 63,790 (24 carat per 10 g)

(with PTI inputs)

ALSO READ | Stock markets jump in early trade; Nifty hits all-time high, Sensex surges 309 points | CHECK

Latest Business News



[ad_2]

Content Source: www.indiatvnews.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here