By Admin 
- Today there was a huge fall in the prices of gold and silver in domestic futures.
- Demand for gold decreased due to strengthening of the US dollar index.
- Possibilities of US Fed interest rate hike reduced demand.
- Spot gold and silver prices also decreased in the global market.
Gold-Silver Price Today on June 23: Today, a huge fall in the prices of gold and silver is being seen in the domestic futures market. It is the result of strong US dollar and weak global signals that today gold has fallen by around Rs 1400 and silver by more than Rs 6150 in early deals. Today the price of 24 carat pure gold per 10 grams is in the range of Rs 1,46,750 to Rs 1,47,980. At the same time, the price of 22 carat gold used for jewelery remains between Rs 1,34,000 to Rs 1,35,650 per 10 grams.
What is the price of silver?
Today MCX Silver Futures have fallen by 2.8%, taking the prices to around Rs 2,27,735 to Rs 2,28,200 per kg. Today, in cities like Delhi and Chennai, silver is being sold at the price of Rs 2,45,000 to Rs 2,55,000 per kg.
Why did the prices of gold and silver fall?
Today, the main reason for the fall in gold and silver prices is the strengthening of the US Dollar Index (DXY), which has now reached its highest level in 13 months (102.2). Due to the strengthening of the dollar, it becomes expensive for foreign buyers to buy it, due to which its demand decreases and prices fall.
The stance of the US Fed regarding interest rates has also affected the prices of gold and silver today. Amidst the possibility of interest rates increasing in America, investors are withdrawing money from non-interest bearing assets like gold and silver and investing it in American bonds. Due to all this, selling in the international market has increased. In the global market (COMEX), spot gold has fallen by 1% to $ 4150 an ounce and spot silver has fallen by more than 2% to below $ 64 an ounce.
price in tanishq today
Today in Tanishq showroom the price of 22 carat gold per gram is Rs 13,610, per 8 grams Rs 108,880, per 10 grams Rs 136,100 and per 100 grams Rs 1,361,000. Apart from this, the price of 24 carat gold is Rs 14,847 for 1 gram and Rs 1,48,470 for 100 grams. Also, the price of 18 carat gold is Rs 11,135 for 1 gram and Rs 1,11,350 for 10 grams.
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