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Gold Pries May Hit 1 Lakh Rupees Per 10 Gram Soon on Akshaya Tritiya Expert Predicts

Admin — Mon, 14 Apr 2025 04:44:53 +0000

Gold price today: Due to the tariff in the international market, there is a huge increase in gold prices continuously amidst the upheaval. The price of 10 grams per 24 carat gold was Rs 93,350, with its price to Rs 96,000 after imposing additional Goods and Service Tax (GST). The price of gold futures at the Multi Commodity Exchange (MCX) on Friday increased to Rs 93.340. Meanwhile, due to the conflict between the world’s two economic axis America and China, the trend of people is moving towards the purchase of gold.

According to the data released by the Indian Bullion and Jewelers Association (IBJA), 22 carat gold is priced at Rs 91,110 per 10 grams, while 20 carat gold is Rs 83,080, 18 carat gold is Rs 75,620 and 14 carat gold is Rs 60,210. In 2025, the price of gold has increased by about 20 percent to 10 grams of 16 thousand rupees per 10 grams.

Gold will cross one lakh

Experts believe that on the occasion of Akshay Tritia falling on April 30 this year, the possible price of gold will cross 1 lakh. The Economic Times, citing Jatin Trivedi, VP of Commodity and Currency in LKP Securities, said- Gold prices remain between 94,500 and 95000 at this time on support level 92,000. However, he did not say that the price of gold will cross one lakh on Akshay Tritia.

He said that at this time, domestic and international markets are being purchased more than estimated. The price of gold on comex remains at $ 3,240 to $ 3,260. Whereas in India, between 94,000 and 92,000 per 10 grams of India.

Market instability increased demand

The Economic Times, citing Commodity and Currency Head, analyst Anuj Gupta in HDFC Securities, also hoped to move forward gold. However, he said that the price of gold will cross 1 lakh by the end of April, it is too early to say.

Also read: Ambedkar Jayanti Bank Holiday: Is the bank open today? Learn what is off and what is open on 14 April

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Is there a strike in the bank on 24 and 25 March? Know the latest updates of union strikes

Admin — Mon, 24 Mar 2025 09:12:47 +0000

The bank union has announced to end the two -day strike from 24 March. He has done this after the positive assurance received by the Indian Bank Association i.e. IBA and Finance Ministry on the demand for adequate facilities in Five Day Work and all the cadres in the week.

The strike was announced on 24 and 25 March by The United Forum of Bank Unions, a group of associations of nine bank employees.

According to news agency PTI, this bank strike was postponed after a meeting with Chief Labor Commissioner. In this meeting, the representatives of the Indian Banks Association (IBA) and the Ministry of Finance assured to consider the demands made by the union.

What is the demand-
The main demand of the United Forum of Bank Unins (UFBU) was that the recent rules of the Department of Financial Services were removed on the performance review and performance licked incentives because they assume that they are dangerous for their Job Security. Also, this can cause differences in employees.

According to the news of Eti Now, the Indian Bank Association is ready to discuss recruitment, PLI and other concerns. All India Bank Employees Association (Aibea) Chief Secretary C.H. According to Venkatachalam, the Chief Labor Commissioner also said that he will monitor all their demands including Five Day Banking System on person.

A member organization of UFBU is Aibea. Apart from this, other members are- All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees, All India Bank Officers Association (AIBOA) and Bank Employees Confederation of India (Befi).

Big meeting on 22 April

The next meeting on this matter has now been decided on 22 April. Along with this, the IBA has been asked to submit his progress report on the demands of UFBU. Unions want IBA to fulfill all their pending demands, including changes in the gratuity Act. & nbsp;

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