what is the price of 24 carat gold in india today :

what is the price of 24 carat gold in india today :

The current prices of gold and silver in your city: The price of precious metals in Mumbai, Delhi.

The cost of gold and silver in your city May 8: Citing inflation, the US Federal Reserve held interest rates unchanged on May 7. Given that the yellow metal’s prices fell this past week due to low expectations for change, this was exactly what experts had projected.

Also Read : what is the price of 24 carat gold in india today :

Due to a number of recent geopolitical events, such as heightened tensions between India and Pakistan and a renewed confrontation between Israel and Gaza, experts are divided over the future direction of gold and silver prices. In current erratic markets, commodities (gold and silver) have become the safest place to invest.

According to research, the price of gold has increased by 30% in the last year, has returned 15% CAGR since 2001, and has outperformed inflation by more than 2-4 percent since 1995.

Current Gold Prices: View Indian Gold Rates — May 8: At 9 a.m.today, prices began to decline. The official website indicated that the MCX gold index was trading at ₹97,250/10 gm. It revealed that the price of MCX silver was ₹96,039/kg.

Additionally,as of 11 a.m. on May 8,24-carat gold was valued at ₹97,000/10 gm,according to data from the Indian Bullion Association (IBA). Additionally,the price of 22-carat gold was ₹88,917/10 gms. Additionally,the IBA website states that the current price of silver is ₹96,110/kg (Silver 999 Fine).

Thus, to find out the gold and silver prices in Delhi,Mumbai.

Mumbai’s Gold and Silver Prices, May 8 :
Mumbai’s gold bullion rates are ₹96,820/10 gm.
Mumbai’s MCX Gold pricing is ₹97,250/10 gm.
Mumbai’s silver bullion pricing is ₹95,930/kg.
In Mumbai, the price of MCX Silver 999 is ₹96,039/kg.

Prices of Gold and Silver in Delhi, May 8 :
New Delhi’s gold bullion prices are ₹96,670/10 gm.
New Delhi’s MCX Gold pricing is ₹97,250/10 gm.
The price of silver bullion in New Delhi is ₹95,710/kg.
In New Delhi, the price of MCX Silver 999 is ₹96,039/kg.

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