Gold Mania Grips India: Prices Hit Record High, Silver Joins the Rise


2024/03/07 19:31:23 IST

1. Gold Reaches Record High

    Gold price in India hit a new all-time high, exceeding Rs 65,000 per 10 grams for the first time, excluding taxes.

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2. Price Increase

    Compared to yesterday, gold price increased by Rs 556 per 10 grams.

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3. Silver Price Rise

    Silver price also saw a rise, reaching Rs 72,121 per kg today.

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4. MCX Market

    Similar trends were observed in the Multi Commodity Exchange (MCX), with gold price rising and silver price experiencing a slight decrease.

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5. Price by Carat

    Prices for different gold carats also increased, ranging from Rs 38,053 for 14 carat to Rs 65,049 for 24 carat.

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6. Comparison to All-Time High

    While gold reached a new high, it remains Rs 451 ahead its all-time record price.

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7. Silver Compared to Peak

    Silver is currently trading below its historical peak price by Rs 4,783 per kg.

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8. Global Market

    The international market also witnessed a rise in gold price, while silver showed a slight decline.

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