The direct effect of American tariffs seems to be on markets. After the huge bounce seen in the price of gold one day, the start of gold on Wednesday also saw a rise in the price. At the same time, the initial bounce is also seen in silver. Gold futures prices were trading near Rs 91,200 per gram, while silver prices were trading around Rs 99,900. In the international market, there is a boom in the futures of gold and silver. Gold on COMEX is open at $ 3,147.50 an ounce.
Whereas, according to data at 9:30 in the morning on Wednesday, 24 carat gold is being sold 89 thousand 340 per 10 grams. Whereas, the price of silver is being sold 1,00,160 per kg. Now let us know at what rate gold is being sold in your city:-
Delhi-
Gold- 89,030/ per 10 grams
Silver- 99,830/ per kg
Mumbai-
Gold- 89,180/ per 10 grams
Silver- 1,00,000/per kg
Hyderabad
Gold- 89,320/per 10 grams
Silver- 1,00,180/ per kg
Chennai
Gold- 89,440 per 10 grams
Silver- 1,00,320 per kg
Kolkata
Gold- 89,060 per 10 grams
Silver- 99,890 per kg
Bengaluru
Gold- 89,250 per 10 grams
Silver- 1,00,100 per kg
Significantly, on Kishukarwar, gold with 99.9 percent purity closed at Rs 92,150 per 10 grams. Analysts said that due to the strong demand for alternative investment amidst the decline in stock markets, the business signal was strong due to the rise in gold in foreign markets. Gold of 99.5 percent purity with firm on the fourth consecutive day also rose by Rs 2,000 to Rs 93,700 per 10 grams, which remained its all -time high so far.
Earlier, the price of gold closed at Rs 91,700 per 10 grams. The highest jump in the price of gold was recorded on February 10, when it rose by Rs 2,400 per 10 grams. So far this year, the price of gold has increased from Rs 79,390 per 10 grams to Rs 14,760 or 18.6 percent in January 1.
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

