Gold and silver are continuously setting new records. In the new year, the prices of both the precious chestnuts are continuously increasing in the futures market. At 10.31 am, the price of gold for February delivery contract on Multi Commodity Exchange i.e. MCX jumped by 1.53 percent compared to the previous session to reach Rs 1,47,868 per 10 grams. At the same time, the futures price of silver for March delivery contract touched Rs 3,17,599, up 2.36 percent from the previous session.
spot price of gold in metros
- According to goodreturns, the gold price in Delhi today is ₹14,743 per gram for 24 carat gold, ₹13,515 per gram for 22 carat gold and ₹11,061 per gram for 18 carat gold.
- Today’s gold price in Mumbai is ₹14,728 per gram for 24 carat gold, ₹13,500 per gram for 22 carat gold and ₹11,046 per gram for 18 carat gold.
- The gold price in Kolkata on Tuesday was ₹14,728 per gram for 24 carat gold, ₹13,500 per gram for 22 carat gold and ₹11,046 per gram for 18 carat gold.
- Today the gold price in Chennai is ₹14,848 per gram for 24 carat gold, ₹13,610 per gram for 22 carat gold and ₹11,355 per gram for 18 carat gold.
- Today the gold price in Bangalore is ₹14,728 per gram for 24 carat gold, ₹13,500 per gram for 22 carat gold and ₹11,046 per gram for 18 carat gold.
Gold in global market today
According to tradingeconomics, the price of gold in the international market reached a new record level of $ 4,690 an ounce on Tuesday. This rise in prices has come due to increased demand due to US-Europe trade tension. Denmark has increased its military presence in Greenland, according to reports on Monday, as US President Donald Trump did not completely rule out the possibility of using force to take control of the island.
This step comes after Trump’s threat in which he said that from February 1, an additional 10% import tariff will be imposed on eight European countries. This tariff could rise to 25% by June unless the US is allowed to regain control of Greenland. Amidst this increasing tension, gold is being considered a safe investment for investors, due to which its prices are continuously reaching record levels.
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