Agro Haryana

Gold Price Today: Why is gold continuously becoming expensive? Price of 10 grams sky high

 Gold-Silver Price Update: Yesterday, gold touched a new record level of 68890 on MCX. At the same time, even today there is a rise in the prices of gold and silver. 
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Gold Price Today: Why is gold continuously becoming expensive? Price of 10 grams sky high

Agro Haryana, New Delhi Gold-Silver Price Today: Gold prices are continuously seeing a record rise. There was a tremendous rise in gold prices on the first day of the new financial year . The price of gold rose to around Rs 1700 on the very first day. 

Yesterday, gold touched a new record level of 68890 on MCX. At the same time, even today there is a rise in the prices of gold and silver. 

Gold and silver became expensive on MCX

On Multi Commodity Exchange, the price of gold is at the level of Rs 68650 per 10 grams with an increase of 0.47 percent. Apart from this, today the price of silver is also up by 0.89 percent at Rs 76204 per kg.

Gold on record in global market

Talking about the global market, today the gold rate on Comex is trading at a record high. Here for the first time the price of gold has reached $ 2286 per ounce. Apart from this, gold prices have seen an increase of up to $100 in the last 7 days. 

Silver became expensive on Comex

Apart from this, a rise is also being seen in the prices of silver. The price of silver on Comex is at the level of $ 25.50 an ounce. At the same time, experts believe that interest rates may be cut in the Fed Reserve meeting in June. 

Check rates sitting at home

You can also check the price of gold sitting at your home. According to Indian Bullion and Jewelers Association, you can check the price just by giving a missed call on number 8955664433. 

Your message will be received on the same number from which you message. Gold rates are issued by both IBJA and Multi Commodity Exchange. These rates are issued according to different purity. 

Taxes and making charges are not included in these prices of gold. You get gold jewelery in the market only after tax and making charges are levied on these prices. 

Why is it rising?

The effect of geopolitical tension is being seen on the prices of gold and silver. Apart from this, due to the signals of reduction coming from the Federal Reserve, a rise in gold is also being seen. 

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