Gold prices surge again, silver becomes over Rs10,000 more expensive

BHUBANESWAR: On Wednesday, a sharp rise was seen in the prices of gold and silver. As a result, the price of 24-carat gold reached over ?1.46 lakh per 10 grams, while the price of silver crossed ?2.34 lakh per kg.

According to the India Bullion Jewellers Association (IBJA), the price of 24-carat gold jumped by ?5,785 to ?1,46,205 per 10 grams. It was previously ?1,40,420 per 10 grams.The price of 22-carat gold increased from ?1,28,625 per 10 grams to ?1,33,924 per 10 grams.

The price of 18-carat gold rose from ?1,05,315 per 10 grams to ?1,09,654 per 10 grams. Along with gold, silver prices have also seen a strong rally.

The price of silver surged by ?10,269 to ?2,34,814 per kg. It was previously ?2,24,545 per kg.

International markets also witnessed a rise in gold and silver prices. At the time of writing the report, on COMEX, gold was up 3.47% at $4,591 per ounce, while silver jumped 4.86% to $72.98 per ounce.

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