Gold Price Today: Slight fall in gold rate, silver costlier by Rs 1,151, check latest rate


new Delhi. After the change in the global market, the prices of gold showed a slight change on Thursday morning, while the prices of silver jumped tremendously and again reached above 68 thousand.

The futures price of 24 carat gold fell by Rs 7 to Rs 51,140 per 10 grams on the Multicommodity Exchange (MCX) at 9.10 am. At the same time, there was a tremendous jump of Rs 1,151 in the futures price of silver. Silver had reached below 68 thousand a day before, about a month later, but crossing this level back today was selling at Rs 68,455 per kg.

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Gold also climbed in the global market
In the global market, the spot prices of gold started climbing back this morning and reached the rate of $ 1,930 per ounce. The reason for the increase in the price of gold here has been the increase in interest rates from the US Fed Reserve. In the global market, the spot price of silver has also increased by $ 0.75 to $ 25.46 an ounce.

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Hence the rising gold prices
After the US central bank Federal Reserve raised interest rates by 0.25 percent, the dollar index fell and gold prices started rising in the global market. The price of gold was decreasing continuously for the last six trading sessions. During this, the rate of 10 grams of gold has come down by about 4 thousand rupees. Due to the first Russo-Ukraine war, the price of gold had increased wildly.

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