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Gold Rate Today: Gold reached near the highest level of last two weeks, know what is the price of gold in your city

Photo:India TV Gold at the highest level of the last two weeks

Gold Rate Today: Gold prices in India continue to rise since yesterday. It is said that investors consider gold as the most reliable investment. Indian Market in today Gold There has been a jump of Rs 110 in the prices of gold, after which the price of 10 grams of 24 Carat Gold has gone up to Rs 51. On the other hand, silver is also witnessing a record increase today. The cost of 1 Kg silver has become costlier by Rs 800 to Rs 55,000.

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 51,150 per 10 grams. At the same time, gold is trading today at Rs 51,650 per 10 grams in Chennai. The cost of one kg of silver in Mumbai and Delhi is Rs 55,000. The same is the case with Kolkata, Jaipur, Pune, Ahmedabad, Patna and Lucknow.

Gold prices rose yesterday

Gold prices on Thursday rose by Rs 270 in the Indian market, taking gold to Rs 50,890 per 10 grams, amid firming prices of precious metals in global markets. According to Good Returns, gold had closed at Rs 50,620 per 10 grams in the previous trading session. There was a sharp fall in the rate of silver yesterday, after which silver reached Rs 54,200 per kg. On the other hand, the price of one kg of silver had come down to Rs 52,800 with a fall of Rs 1,100 the day before.

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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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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