The relentless surge in gold prices persists, reaching new highs in the new financial year. gold has soared past the milestone of Rs 70,000 per 10 grams, while silver is on the cusp of touching Rs 80,000 per kilogram.
On Wednesday, april 4, gold on the futures market in MCX breached the Rs 70,000 mark for the first time, reaching Rs 70,150 per 10 grams, marking an increase of Rs 372 compared to the previous day's close at Rs 69,778 per 10 grams. Similarly, silver on MCX surged by Rs 689 to reach Rs 79,700 per kilogram, up from the previous close of Rs 79,001.
Price in Major Cities:
Here's a snapshot of gold and silver prices in key cities:
- Delhi: 24-carat gold is priced at Rs 70,620 per 10 grams, and silver at Rs 82,000 per kilogram.
- Chennai: 24-carat gold is selling at Rs 71,400 per 10 grams, with silver at Rs 85,300 per kilogram.
- Mumbai: 24-carat gold commands Rs 82,000 per 10 grams, while silver is priced at Rs 85,300 per kilogram.
- Kolkata: 24-carat gold is available at Rs 70,470 per 10 grams, with silver priced at Rs 85,300 per kilogram.
- Lucknow: 24-carat gold is selling at Rs 70,620 per 10 grams, and silver at Rs 82,000 per kilogram.
- Jaipur: 24-carat gold is priced at Rs 70,620 per 10 grams, with silver at Rs 82,000 per kilogram.
- Patna: 24-carat gold is priced at Rs 70,520 per 10 grams, and silver at Rs 82,000 per kilogram.
- Ahmedabad: 24-carat gold is available at Rs 70,520 per 10 grams, with silver priced at Rs 82,000 per kilogram.
- Pune: 24-carat gold is priced at Rs 70,470 per 10 grams, with silver at Rs 82,000 per kilogram.
- Chandigarh: 24-carat gold is selling at Rs 70,620 per 10 grams, and silver at Rs 82,000 per kilogram.
International Market Situation:
The upward trajectory in gold and silver prices is not limited to domestic markets but is also evident globally. Amid global uncertainty, investors are turning to commodities like gold and silver. In the international market, gold rose by 0.05% to $2298.74 per ounce, while silver climbed by 0.06% to 27.1% compared to the previous day.
