Gold price today: According to website Goodreturns, 10 grams of 24K gold was priced at ₹64,850 in major cities including Mumbai and Kolkata.
Gold rates surged by ₹800 to hit a fresh record high of ₹65,000 per 10 grams on Tuesday in the national capital. In its previous close, gold price had closed at ₹64,200 per 10 grams.
According to website Goodreturns, 10 grams of 24K gold was priced at ₹64,850 in major cities including Mumbai and Kolkata. The price of 24K gold stood at ₹65,620 per 10 grams in Chennai.
Like gold, silver prices surged by ₹900 to ₹74,900 per kg as compared to ₹74,000 per kg in the previous close.
Saumil Gandhi, senior analyst of commodities at HDFC Securities, told PTI,"Spot gold prices (24 carats) in the Delhi markets are trading at ₹65,000 per 10 grams, up by ₹800, taking bullish cues from the overseas markets.In domestic markets, spot gold hit a new all-time high of ₹65,000 on Tuesday."
On the other hand, spot gold at Comex was trading at $2,110 per ounce.
“Gold prices experienced an uptick driven by growing speculation that the US Federal Reserve will cut interest rates in June, thus gain of more than ₹2,400 was seen in MCX in last three days,” PTI quoted Jateen Trivedi, VP Research Analyst at LKP Securities, as saying.
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Gold rates surged by ₹800 to hit a fresh record high of ₹65,000 per 10 grams on Tuesday in the national capital. In its previous close, gold price had closed at ₹64,200 per 10 grams.
According to website Goodreturns, 10 grams of 24K gold was priced at ₹64,850 in major cities including Mumbai and Kolkata. The price of 24K gold stood at ₹65,620 per 10 grams in Chennai.
Like gold, silver prices surged by ₹900 to ₹74,900 per kg as compared to ₹74,000 per kg in the previous close.
Saumil Gandhi, senior analyst of commodities at HDFC Securities, told PTI,"Spot gold prices (24 carats) in the Delhi markets are trading at ₹65,000 per 10 grams, up by ₹800, taking bullish cues from the overseas markets.In domestic markets, spot gold hit a new all-time high of ₹65,000 on Tuesday."
On the other hand, spot gold at Comex was trading at $2,110 per ounce.
“Gold prices experienced an uptick driven by growing speculation that the US Federal Reserve will cut interest rates in June, thus gain of more than ₹2,400 was seen in MCX in last three days,” PTI quoted Jateen Trivedi, VP Research Analyst at LKP Securities, as saying.
For More: VISIT