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Home INTERNATIONAL Gold price today at Rs 48,060 per 10 gm, silver falls to...

Gold price today at Rs 48,060 per 10 gm, silver falls to Rs 47,600 for every kg

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Gold selling prices jumped to Rs 48,070 from Rs 48,060 for every 10 gram, although silver fell to Rs 47,600 from Rs 48,450 for every kilogram on Friday, in accordance to the Fantastic Returns.&#13
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The charges of gold jewellery fluctuate across India, which is the next-major customer of the metal, owing to excise responsibility, condition taxes, and building fees.&#13
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In New Delhi, the price of 22-carat gold is keeping steady at Rs 46,810 per 10 gram, even though in Chennai it is Rs 46,170. In Mumbai, the rate is Rs 47,200, according to the Good Returns website. Rates of 24-carat gold prices in Chennai is Rs 50,380.&#13
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On MCX, August gold futures fell .40 per cent to Rs 47,941 per 10 gram. Silver July futures rose almost .69 for every cent to Rs 48,116 for every kilogram. MCX has decided to acknowledge gold and silver bars refined at domestic refineries for deliveries, matter to remaining regulatory approval.&#13
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On Thursday, gold charges fell by Rs 293 to Rs 49,072 per 10 gram in the nationwide capital on Thursday amid rupee appreciation, in accordance to HDFC Securities. Silver also plunged Rs 598 to Rs 48,705 per kg from Rs 49,303 for every kg in the previous trade.&#13
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In the global market, gold was quoting with gains at $1,767 for every ounce, even though silver was trading at $17.58 for each ounce.&#13
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“The soaring virus scenarios and anxieties over financial restoration has led gold costs to the maximum stages given that 2012,” HDFC Securities Senior Analyst (Commodities) Tapan Patel mentioned.&#13
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On the US-China front, sentiments improved immediately after China stated it prepared to accelerate buys of American farm merchandise to comply with the section a single trade deal.&#13
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The ongoing clash involving India and China, coupled with the US-China trade war and the scheduled election in the US, has elevated gold’s safe haven charm. &#13

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