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Home Commodities Gold price today: Gold, silver rose by Rs 316 in bullion market

Gold price today: Gold, silver rose by Rs 316 in bullion market

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Gold Price Today: Gold futures fall, silver becomes cheaper, know what is the price left

Gold Price Today 15th January 2021: Changes in the rate of gold and silver were seen even today. On Friday, 24-carat gold spot price rose by Rs 213 per 10 grams to open at Rs 49224 and rose by Rs 316 to close at 49327 in bullion markets across the country. While silver opened at Rs 65388 per kg expensive by Rs 584 and strengthened by Rs 616 to close at 65420. At the same time, 22 carat gold closed at Rs 45184, 23 carat gold Rs 49129 and 18 carat gold at Rs 36995 per 10 grams. Explain that the rate released by the India Bullion and Jewelers Association and the price of your city can vary from 500 to 1000 rupees.

Delhi bullion market: Rs 286 in gold, Rs 558 in silver

Gold fell by Rs 286 to Rs 48,690 per 10 grams in the Delhi Bullion Market on Friday, following the fall in the rupee exchange rate and the improvement in the international prices of precious metals. HDFC Securities gave information about this. Earlier on Thursday, gold had closed at Rs 48,404 per 10 grams. Silver also rose by Rs 558 to Rs 65,157 per kg. It closed at Rs 64,599 per kg on Thursday. HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “After a two-day fall, the 24-carat gold in Delhi rose by Rs. 286 due to the rise in the value of gold and the fall in the value of the rupee.” The rupee fell by three paise to close at 73.07 against the dollar in the exchange market. Gold rose to $ 1,852 an ounce in the international market. While silver 25.




Why the boom

Navneet Damani, Vice-President (Jeans Research), Motilal Oswal Financial Services, said the $ 1900 billion stimulus package was announced by the elected president of the US, J. Biden, and the head of the Federal Reserve, J.D. Investors will be eyeing data on retail sales and industrial production in the United States after Powell signs a slowdown in monetary policy. In Damani’s opinion, if these figures are less than expected, then gold will get a boost. He says that in the coming days, the yellow metal in the international market can be between 1830- 1900 USD per ounce and in the local market between 48,950- 49,750 per ten gram.

According to the India Bullion and Jewelers Association website (ibjarates.com), on 13 January 2021, the gold and silver spot prices across the country remained as follows…

Metal Rate of 15 January (Rs / 10g) 14 January rate (Rs / 10g) Rate change (Rs / 10g)
Gold 999 (24 carat) 49327 49011 316
Gold 995 (23 carat) 49129 48815 314
Gold 916 (22 carat) 45184 44894 290
Gold 750 (18 carat) 36995 36758 237
Gold 585 (14 carat) 28856 28671 185
Silver 999 65420 Rs / Kg 64804 Rs / Kg 616 Rs / Kg

IBJA rates are recognized nationwide

Explain that the rate issued by IBJA is universally accepted. However, GST has not been included in the rate given on this website . When buying and selling gold, you can refer to the rate of IBJA. According to the India Bullion and Jewelers Association, ibja shows the average price of gold and silver from 14 centers across the country by taking a current rate. The current rate of gold-silver or, say, the spot price may be different at different places, but there is a slight difference in their prices.

Also Read: Gold price today at Rs 52,750 per 10 gm, silver trending at Rs 66,000 a kg

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