Gold Trades Above Rs 47,000/10 Grams, Silver Above Rs 68,000/Kg

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Gold costs in the present day: Price of 24 carat gold per 10 grams rose to Rs 50,300.

Highlights

  • Gold costs on Friday went up marginally by Rs 10 per grams
  • Navratri season has didn’t deliver any cheer for consumers
  • Gold worth in the present day in Mumbai is Rs 44,860 for 22-carat

Gold costsĀ on Friday went up marginally by Rs 10 per 10 gram at the same time as consumers are nonetheless ready for costs to return down, one thing which has not occurred for the reason that starting of this month.

Even the start of the brand new monetary yr and Navratri season has didn’t deliver any cheer for consumers as regardless of the rising second wave of Corona virus, the demand for the yellow steel has solely gone up owing to the onset of the marriage season.

Gold worth in the present day in Mumbai is Rs 44,860 for 22-carat, and Rs 47,600 for 24-carat. In Delhi, gold worth on Friday is Rs 45,860 for 22-carat, and Rs 50,030 for 24-carat.

Gold held regular close to a greater than one-month excessive on Friday, en path to its second straight weekly acquire, boosted by a drop in U.S. Treasury yields and a weaker greenback.

Spot gold was up 0.1 per cent at $1,764.13 per ounce by 0435 GMT, after hitting its highest since Feb.26 at $1769.37 on Thursday. Bullion is up greater than 1 per cent to date this week.

Meanwhile, silver future costs fell marginally to Rs 68,372/Kg on the Multi Commodity Exchange.
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