22-carat gold has risen by Rs 10 to Rs 46,160 per 10 grams amid a correction in international gold prices and a weakening rupee. At the same time, silver is being sold at Rs 63,200 per kg.
Gold-Silver Price 16 August: There has been a slight jump in the price of gold today. On Monday, 22-carat yellow metal prices rose by Rs 10 to Rs 46,160 per 10 grams Monday amid a correction in its international prices and weakness in the rupee. In the last trading session, the price of gold had closed at Rs 46,150 per 10 grams. According to the website Good Returns, silver is being sold at Rs 63,200 per kg.
The price of yellow metal in New Delhi and Mumbai is Rs 46,160 per 10 grams. According to the website, gold is being sold in Chennai at Rs 44,360 per 10 grams. At the same time, the price of 24-carat yellow metal also increased by Rs 10 to Rs 47,160 per 10 grams. The price of 24-carat gold in New Delhi is Rs 50,360 per 10 grams while in Mumbai it is Rs 47,160 per 10 grams.
Traders and investors are cautious as cases of delta variants increase
Significantly, due to the increased concern over the cases of Delta variants in many countries, traders and investors are cautious. The cases of delta variants have increased in many countries around the world. Apart from this, the effect of fluctuations in the rupee against the dollar also affects the price of gold. Economic activities may be affected due to an increase in corona cases. The price of yellow metal jewelry varies across the country due to excise duty, state tax, and making charges. India is the second-largest consumer of gold in the world.
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