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Business Update:
While the general budget 2024 was being presented in the country, gold and silver prices decreased by significant margins. In this order, the rate of 22 carat gold in Delhi has been reduced by Rs 250 per 10 grams to Rs. 67,600 and the price of 24 carat gold per 10 grams was Rs. 73,730. In Vijayawada and Hyderabad, the price of 24 carat pasidi reached Rs. 73,580 per 10 grams, while that of 22 carat gold was at Rs. 67,450. Talking of silver rates, it has come down by Rs 400 per kg. With this, the price of silver per kg in Delhi has reached Rs.91,100.
Gold: Contracts of gold futures opened on a positive note today. The benchmark gold August contract on MCX opened Rs 120 higher at Rs 72,838 today. At the time of writing, this deal is worth Rs 100 and increased by Rs, trading at 72,818. It had touched the day’s high at Rs. 72,850 and the low at Rs 72,809 at the time. This month, the gold futures price touched a high of Rs 74,471.
Silver : Futures of silver began on a flat note today. The benchmark silver September contract on the MCX opened by Rs. 205 at Rs. 88,995 today. At the time of writing, the contract price is Rs. It was trading at Rs.88,990 with a fall of 213. At this time, it touched the day’s high at Rs.89,015 and touched the low at Rs.88,971. The price of silver futures touched a high of Rs 96,493 this year. Prices of gold futures, on the other hand, rose in the international market.
