Gold Worth Goes up by Rs 10, Prices Rs 50,660; Demand Anticipated to Rise for Dhanteras

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The worth of 24-carat gold moved up by Rs 10 on Thursday, rising from Rs 50,650 per 10 gram to Rs 50,660 per 10 gram right this moment. Alternatively, 22-carat gold prices Rs 49,660 per 10 gram right this moment, in accordance with Good Returns. Yesterday, it was out there at a value of Rs 49,650 per 10 gram.

The demand for gold is predicted to be excessive for a number of days because of the festive season. Individuals can be shopping for gold tomorrow on the event of Dhanteras 2020 as it’s thought-about auspicious. In addition to, they are going to be buying the dear steel for Diwali 2020. Patrons wait entire yr for the festive season to purchase gold as varied shops supply large reductions. These days, clients additionally get advantages on on-line procuring platforms.

In Delhi and Mumbai, 24-carat gold might be bought at Rs 53,620 per 10 gram and Rs 50,660 per 10 gram, whereas 22-carat gold is priced at Rs 49,170 per 10 gram and Rs 49,660 per 10 gram. In Chennai, 22-carat and 24-carat gold are coming at a value of Rs 47,650 per 10 gram and Rs 51,980 per 10 gram.

In Kolkata and Bengaluru, 22-carat gold might be purchased at Rs 49,040 per 10 gram and Rs 47,210 per 10 gram, whereas 24-carat gold prices Rs 52,540 per 10 gram and Rs 51,500 per 10 gram.

In Kerala, 22-carat and 24-carat gold are coming at a value of Rs 47,210 per 10 gram and Rs 51,500 per 10 gram. The costs of 22-carat and 24-carat gold in Ahmedabad stand at Rs 49,720 per 10 gram and Rs 51,720 per 10 gram.

On the Multi-Commodity Trade (MCX), December gold contracts had been standing at Rs 50,305 per 10 gram at 9.20 am on Thursday. It was buying and selling 0.27 per cent greater in comparison with earlier session. Aside from this, gold December futures contract stood at $1861.60 per troy ounce.

In line with Good Returns, the worth of 1 kilogram of silver decreased by Rs 100 on Thursday. On Wednesday, it value Rs 62,800, whereas right this moment it’s priced at Rs 62,700.