Gold and Silver Rates Increase in India: Gold and silver rates in India have increased as per the India Bullion and Jewelers Association. The price of gold closed at Rs 60,096 per ten grams this evening, with a gain of Rs 93 from the morning rate. On the other hand, silver closed at the level of Rs 71,904 per kg, with a rise of Rs 216 between morning and evening. Gold is currently selling Rs 1,550 cheaper than its all-time high of Rs 61,646 per ten grams, while silver is trading below its all-time high of Rs 76,464. In the evening, on Multi Commodity Exchange (MCX), the futures trade of gold on August 4, 2023, is trading at a level of Rs 59,985.00 with a gain of Rs 137.00. The futures trade of silver on July 5, 2023, is trading at a level of Rs 72,172.00 with a gain of Rs 300.00.
Gold and Silver Evening Rates in Major Cities of India: The evening rates of gold and silver in major cities of India remained consistent on June 6, 2023.
– In Delhi, the price of 22-carat gold was Rs 55,030 per ten grams, while 24-carat gold was priced at Rs 60,096 per ten grams. The cost of silver was Rs 71,904 per kg.
– In Mumbai, the price of 22-carat gold was Rs 55,180 per ten grams, while 24-carat gold was priced at Rs 60,246 per ten grams. The cost of silver was Rs 72,002 per kg.
– In Kolkata, the price of 22-carat gold was Rs 55,170 per ten grams, while 24-carat gold was priced at Rs 60,236 per ten grams. The cost of silver was Rs 72,002 per kg.
– In Chennai, the price of 22-carat gold was Rs 54,960 per ten grams, while 24-carat gold was priced at Rs 59,926 per ten grams. The cost of silver was Rs 72,002 per kg.
Gold and Silver Rates in the International Market: In the international market, gold is trading with a gain of $2.98 at the rate of $1,964.62 an ounce, while silver is trading at $23.70 an ounce with a gain of $0.13.
Investment Opportunity: With gold and silver rates increasing steadily, it is a great opportunity for investors to consider buying these precious metals.
Overall, gold and silver rates have increased in India, with gold selling cheaper than its all-time high and silver trading below its all-time high. The evening rates of gold and silver in major cities of India remained consistent on June 6, 2023. In the international market, gold and silver are trading with gains, making it a great investment opportunity for interested investors.
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