Gold Silver Price, 11th June, 2021: Gold has been stable in the last few trading sessions, but has declined in the past. The dollar has strengthened, the effect of which is visible in gold. On Thursday, there was a big fall in gold due to weak global trend.
New Delhi: Gold-Silver Price Updates: There is a continuous decline in the prices of the precious metal gold. Gold has been stable in the last few trading sessions, but gold has declined in the last few days. Dollar has strengthened, whose effect is visible along with weakness in gold. By the end of Thursday’s trading, gold had registered a major fall due to a weak global trend, while silver also fell.
On Thursday, gold fell by Rs 259 to Rs 48,127 per ten grams in the Delhi bullion market. In the last trading session, gold had closed at Rs 48,386 per 10 grams. Similarly, silver also fell by Rs 110 to Rs 70,274 per kg. In the previous session, the closing price of silver was Rs 70,384 per kg. In the international market, gold was trading lower at USD 1,880 an ounce, while silver remained stable at USD 27.65 an ounce.
IBJA rates
If you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then today the price of gold is like this- (These prices are given per gram without GST charge)
999 (purity) – 48 750
995- 48 555
9l6- 44 655
750- 36 563
585- 28 519
Silver 999- 71224
Gold and silver prices in different cities
If you look at the Good Returns website, today the price of 24 carat gold is running at 4,888 on 1 gram, 39,104 on 8 grams, 48,880 on 10 grams and 4,88,800 on 100 grams. If you see per 10 grams, then 22 carat gold is being sold at 47,680.
If we look at the prices of gold in major cities, then the price of 22 carat gold in Delhi is 47,950 and 24 carat gold is running at 52,300. In Mumbai, 22 carat gold is running at 47,880 and 24 carat gold at 48,880. In Kolkata, 22 carat gold is Rs 48,200, while 24 carat gold is Rs 50,900. The price of 22 carat gold in Chennai is Rs 46,150 and 24 carat Rs 50,350. These prices are per 10 grams of gold.
If we talk about silver, according to the website, the price of silver per kg is Rs 71,400 per kg. Silver is being sold at Rs 71,400 per kg in Delhi. The price of silver in Mumbai and Kolkata is also the same. The price of silver in Chennai is Rs 76,100 per kg.
futures prices fall
Gold prices on Thursday fell by Rs 237 to Rs 48,887 per 10 grams in the local futures market as speculators reduced their positions amid weak demand. On the Multi Commodity Exchange, gold for delivery in August fell by Rs 237, or 0.48 per cent, to Rs 48,887 per 10 grams. It had a business turnover of 11,416 lots.
At the same time, the price of silver fell by Rs 459 to Rs 71,425 per kg. The futures contract for July delivery rose by Rs 459, or 1.39 per cent, to Rs 71,425 per kg. The futures contract was traded for 10,987 lots. Globally, silver fell by 0.83 per cent to USD 27.77 an ounce in New York.
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