Gold Price Today: Take note of the significant increase in the price of gold and silver today

Gold Price Today: Take note of the significant increase in the price of gold and silver today

Gold Price Today: Take note of the significant increase in the price of gold and silver today

Current Gold Silver Price: The price of gold has climbed by almost Rs 200 on the MCX. The cost of silver is also increasing. The Middle East's growing tension and the US Federal Reserve's ambiguous interest rate decision are the causes of this.

Current Gold Silver Price: The bullion market saw a significant increase on Monday, much like the equities market. The price of gold has almost surpassed $2060 on international markets. On the MCX, the price of gold has gone up by almost Rs 200. The cost of silver is also increasing. The Middle East's growing tension and the US Federal Reserve's ambiguous interest rate decision are the causes of this.

The cost of gold in the domestic market

The domestic futures market has seen an upsurge in the prices of both gold and silver. The price of gold on the MCX has risen by Rs 188, and it is now trading at Rs 62550 for 10 kilos. Additionally, the price of silver has gone up by Rs 220. The cost of one kilogram is now Rs 72699.

Silver and gold in international markets

The Middle East's growing tension is also causing movement on COMEX. On COMEX, the price of gold surged and was trading at $2057 per ounce. Silver is now priced at $23.41 per ounce as well.

The retail selling rates of gold jewelry as shown by the IBJA

999 Fine Gold: ₹6252

22 KT: ₹6101

20 KT: ₹5564

18 KT: ₹5064

14 KT: ₹4032

(Note: Making charges and 3% GST are not included in the rates.)