Gold Price Today: Gold and silver become expensive before Karva Chauth, check the price of 10 grams

Gold Price Today: In the festive season, there is a rise in the prices of gold and silver. Before Karva Chauth and Diwali, there is an increase in the demand for gold in the market, the effect of which is clearly visible in the prices of gold. On the Multi Commodity Exchange (MCX), December Futures Gold Future is trading at a level of 47,397 with a gain of 0.25 percent, ie Rs 117. At the same time, gold had closed at the level of 47,280 per 10 grams in the last trading day. Apart from this, if we talk about the prices of silver, then it is at the level of Rs 64,505 per kg.

What is the condition of gold in the global market?
According to Reuters, the yellow metal has seen a decline due to increase in US bond yields globally. In the global market, spot gold fell 0.1 percent to $ 1,767.71 an ounce. At the same time, due to the rise in Treasury yield, gold had gained up to 1.2 percent on Tuesday. US gold futures fell 0.1 per cent to $1,768.40.

Prices will rise till Diwali
According to market experts, from Diwali to December, gold prices can see a rise. Gold prices can go from 57 thousand to 60 thousand during this period. At the same time, silver prices may also continue to rise. During this time silver prices can go up to Rs 76,000 to Rs 82,000 per kg.

Check Gold Rates With Just One Missed Call
You can also check gold prices sitting at your home. According to the Indian Bullion and Jewelers Association, you can check the price by just giving a missed call to the number 8955664433. Your message will come on the same number from which you message.

Increase in gold imports
There has been a good rise in gold imports in September. Gold imports have increased manifold to $5.11 billion. In September 2021, it was $ 6014 million. On the other hand, in April-September, silver imports declined by 15.5 per cent to $619.3 million. However, silver imports rose to $55.23 million in September, from $923 million in September 2020.

Investment in Gold ETFs has also increased
So far, a net investment of Rs 3,515 crore has been received in Gold ETFs too. Apart from this, only July was the month when there has been withdrawal from it. With fresh inflows, the number of folios in this category increased by 14 per cent to 24.6 lakh in September from 21.46 lakh in August.

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