By Admin 
Gold-Silver Price Today: A fall in gold prices was recorded on Friday, the last trading day of the week. Better than expected employment data in the US for the month of January reduced expectations of a Federal Reserve interest rate cut. Due to this, gold prices fell across the world. Today the price of silver has also fallen.
Increasing employment figures mean that the labor market in America remains strong. That means the economy is also in the right direction. In such a situation, the chances of the Federal Reserve cutting interest rates have also reduced considerably. When interest rates remain high, the appeal of gold reduces. On the other hand, India’s retail inflation increased to 2.7 percent in January. Now investors will be waiting for the US inflation data to come on Friday, February 13, which will decide the direction for gold and silver prices in the short-term.
What is the price of gold today?
Today in India the price of 24 carat gold has decreased by Rs 262 per gram. With this, today the price of 24 carat gold in the country is Rs 15578 per gram. Meanwhile, the rate of 22 carat gold in India has fallen by Rs 240 per gram to Rs 14280 per gram. Similarly, the price of 18 carat gold has decreased by Rs 196 to Rs 11684 per gram.
- In cities like Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala, Pune, today the price of 24 carat gold per gram is Rs 15578. Whereas, the price of 22 and 18 carat gold is Rs 14280 and Rs 11684 per gram respectively.
- Today the price of 24 carat gold in the national capital Delhi is Rs 15593 per gram. Here the price of 22 carat gold per gram is Rs 14295 and the price of 18 carat gold is Rs 11699.
- Today the price of 24 carat gold in Chennai, Coimbatore, Madurai, Salem, Trichy is Rs 15709 per gram. In this way, the price of 22 carat gold is Rs 14400 and the price of 18 carat is Rs 12400.
Silver also declined
On Friday, the price of silver fell by Rs 15,000 per kg. With this, today its price is Rs 2,80,000 per kg. In this way, the price has declined by Rs 15 per gram. Today in many cities like Delhi, Mumbai, Chennai, Kolkata, Pune, Vadodara, Ahmedabad, the price of 10 grams of silver is Rs 2800, the price of 100 grams of silver is Rs 28000 and the price of 1 kg silver is Rs 2,80,000.
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Even those earning Rs 10,000 every month can create a big fund, know the formula of 50-30-20 rule of investment.