Topic result for gold-price

Be that as it may, a policy rate cut by the US Federal Reserve combined with higher-than-average inflation will result in a structural up move in gold prices, said Quantum Asset Management Company (AMC).

Although 22-carat gold is being sold at Rs 56,050 and 24-carat gold is being sold at Rs 61,150 in Bhubaneswar, jewellery shops witnessed a huge rush due to attractive offers on the special occasion and the upcoming marriage season.

Gold prices in last FY23 have jumped a massive Rs 8,000 in domestic markets from Rs 52,000 to Rs 60,000 which is a 15 per cent return, beating all other asset classes, said Jateen Trivedi, Vice President, Research Analyst, LKP Securities.

Not just gold, the silver price has also followed the trend. In the last week, the price of silver has increased by Rs 5000 per kilogram. While the price of silver per kilogram was Rs 65000 on March 12, it has reached Rs 70000 today.

In the capital city Bhubaneswar, the price of 24-carat gold per 10-gram is Rs 60,700 as compared to Rs 58,900 on Tuesday. Similarly, the price of 22-carat gold has increased to Rs 54,200 from Rs 51,600. 

An old receipt (bill) of gold that is going viral on social media shows how cheap gold was back in the day. The bill is about 64 years old and dates back to the year 1959. Isn’t that surprising? 

For 23-carat, the price of 10 grams of yellow metal reached Rs 50,400 while the rate of 22-carat gold reached Rs 48,300.

For 23-carat, the price of 10 grams of yellow metal reached Rs 50,300 while the rate of 22-carat gold reached Rs 48,200.

The price for 24-carat gold per 10 gram reached Rs 52,100 on Saturday in the twin cities of Bhubaneswar and Cuttack.

Amid the fluctuation in gold and silver rates across the country, the price for 24-carat gold per 10 gram reached Rs 50,000 on Friday in the twin cities of Bhubaneswar and Cuttack.

Notably, factors such as state taxes, excise duty, and making charges lead to changes in the price of gold in India.

Notably, factors such as state taxes, excise duty, and making charges lead to changes in the price of gold in India.

The price of silver in India is determined by changes in prices internationally.

Pure Ginni (gold coin) is being traded at Rs 40,800 on Thursday.

Notably, factors such as state taxes, excise duty, and making charges lead to changes in the price of gold in India.

The rate of 20, 18 and 14-carat gold witnessed mild growth in comparison to Monday prices, and climbed to Rs 43,000, Rs 38,900 and Rs 30,400, respectively.

The price of silver in India is determined by changes in prices internationally. It also depends on the movement of the rupee against the dollar. If the rupee falls against its international counterpart and the prices remain consistent internationally, silver ends up becoming dearer.

Factors such as state taxes, excise duty, and making charges lead to changes in the price of gold in India.

The prices of 23-carat and 22-carat gold per 10 grams have decreased by 100 to Rs 50,000 and Rs 48,900 respectively.

Amid the fluctuation in gold and silver rates across the country, the price for 24-carat gold per 10 gram reached Rs 51,900 in Bhubaneswar on Wednesday.