New Delhi: Gold rate today: On Tuesday for the third consecutive day, the price of gold is seeing a boom. At the start of today’s trading, 22-carat gold rose by Rs 160 to Rs 43,680 per 10 grams as against Rs 43,520 on Monday a day earlier. The futures price of gold on MCX was 44,360 per 10 grams. At the same time, silver futures have increased by 0.5 percent to 66,202 per 10 grams. Let us tell you that the price of gold has come down to an 11-month low.
Gold was trading at a record high of 56,200 in August. So far, gold prices have fallen by Rs 12000 from this level.
Check today’s latest prices in Delhi
If you look at the price of 22 carat gold in Delhi, it has also increased to Rs 44,150 per 10 grams. Whereas the day before it was Rs 43,860 per 10 grams. Gold in Mumbai is trading at Rs 43,680 per 10 grams on 9 March. Let us tell you that due to excise duty and state tax, the prices of gold are different in different parts of the country.
Gold price in Kolkata and Chennai
Apart from this, the price of 22 carat gold in Kolkata on Tuesday was Rs 44,120 per 10 grams, while the price of 24 carat gold is being Rs 46,760 per 10 grams. At the same time, the price of 22 carat gold in Chennai is Rs 42,210 per 10 grams and the price of 24 carat gold is Rs 46,050 per 10 grams.
Gold Price in Global Market
Talking about the global market, today gold rates were flat between the US dollar and high US Treasury yields. Gold fell flat to $ 1,687.90 an ounce. Among other precious metals, silver rose to $ 25.12 an ounce, while platinum rose 0.1 percent to $ 1,136.57.
Price will pick up in 2021
Market experts believe that there is bound to be a tremendous increase in gold prices in 2021. Experts predict that once the price of gold starts increasing, it will cross the level of Rs 63,000 per 10 grams.
