Gold Price Today: There has been a jump in the price of gold, know what is the rate of gold in your city
Gold Price Today: There is a continuous increase in the price of gold in India. It is said that investors consider gold as the most reliable investment. In the Indian market today, there has been a jump of Rs 110 in the prices, after which the price of 10 grams of 24 Carat Gold has gone up to Rs 51,000. On the other hand, silver is also seen increasing today. The cost of 1 Kg silver has become costlier by Rs 720 to Rs 53,220.
How is gold in other cities?
According to Good Returns in Mumbai, which is called the financial capital of India, today the price of gold is Rs 51,000 per 10 grams. The same rate is also in Kolkata, Hyderabad, Bhubaneshwar and Visakhapatnam. The price of gold in Delhi is Rs 51,160 per 10 grams. On the other hand, gold is trading today at Rs 51,600 per 10 grams in Chennai. The price of one kg of silver in Mumbai and Delhi is Rs 53,220, which has been changing continuously for the last two days. The same is the case with Kolkata, Jaipur, Pune, Ahmedabad, Patna and Lucknow.
Silver price rise
Gold prices remained unchanged in the Indian market on Sunday and traded at Rs 50,890 per 10 grams amid firming precious metals in global markets. According to Good Returns, gold had closed at Rs 50,890 per 10 grams in the previous trading session. There was no change in the rate of silver yesterday. Silver continued to trade at 52,500. On the other hand, with the strength of Rs 200, the price of one kg of silver had come down to Rs 52,500.
India’s gold reserves also fell drastically
The country’s foreign exchange reserves declined by $ 3.007 billion to $ 561.046 billion during the week ended August 26. This information has been received from the data of Reserve Bank of India. In the previous week ended August 19, foreign exchange reserves had declined by $ 6.687 billion to $564.053 billion. The fall in foreign currency assets (FCAs), which constitute a significant portion of the forex reserves, has brought down the total reserves. Foreign currency assets declined by $2.571 billion to $498.645 billion in the reporting week. According to the data, gold reserves have also come down by $271 million to $39.643 billion.
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