Gold Price Today: Gold buyers got a big blow, so many prices increased in one go

Photo:India TV Big blow to gold buyers

Gold Price Today: growing in any country Inflation is weighed by the price of gold in that country. Investors consider gold as the most reliable investment. Today the price of gold is seeing a rise in India. Today, the price of 10 grams of 24 carat gold in New Delhi is Rs 52,140, ​​with an increase of Rs 160. At the same time, the price of 1 kg of silver in India remains at 55,400.

Huge jump in gold price yesterday

Gold prices on Thursday rose by Rs 270 to Rs 51,980 per 10 grams in the Delhi bullion market amid firming precious metals in global markets. According to Good Returns, gold had closed at Rs 51,710 per 10 grams in the previous trading session. Along with this, silver also jumped by Rs 400 to Rs 55,400 per kg. In the international market, the price of gold was trading higher at $ 1,763 an ounce. Silver held steady at $19.35 an ounce.

Decline in jewelery exports in July

The country’s gems and jewelery exports declined marginally to Rs 24,913.99 crore in July as compared to the same month a year ago. The Gems and Jewelery Export Promotion Council (GJEPC) gave this information on Thursday. Gems and jewelery exports stood at Rs 25,157.64 crore in the same month a year ago. Colin Shah, Chairman, GJEPC said, “July and August remain cold for gems and jewelery exports. However, there has been a marginal decline in overall exports due to a jump in exports of plain gold jewellery.

According to GJEPC data, total gems and jewelery exports grew 10.99 per cent to Rs 1,03,931.14 crore during the first four months of the current financial year, April-July, as against Rs 93,640.44 crore in the corresponding period of the previous fiscal. Total exports of plain gold jewelery increased by 24.22 per cent to Rs 2,591.67 crore in July as against Rs 2,086.41 crore in the same month last year. According to the data, the export of polished and polished diamonds declined by 7.56 per cent to Rs 15,387.93 crore in July. It was Rs 16,646.69 crore in July, 2021.

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