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Gold Price reduced: Good news for gold buyers! Price reduced by more than Rs 1000, know the latest rate

Gold Silver Price: The price of 22 carat gold has come down to Rs 88,985 per 10 grams, which was earlier Rs 89,917. At the same time, the price of 18 carat gold has come down from Rs 73,662 per 10 grams to Rs 72,859 per 10 grams.

Gold Silver Latest Price: There is good news for gold buyers. The price of yellow metal has seen a fall of more than Rs 1,000 on Friday. According to the India Bullion Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has come down by Rs 1,018 to Rs 97,145, which was earlier Rs 98,163.

The price of 22 carat gold has come down to Rs 88,985 per 10 grams, which was earlier Rs 89,917. At the same time, the price of 18 carat gold has come down from Rs 73,662 per 10 grams to Rs 72,859 per 10 grams. In contrast to gold, silver prices have seen a rise. The price of silver has increased by Rs 610 to Rs 1,05,285 per kg, which was earlier Rs 1,04,675 per kg.

Rise in gold and silver prices in futures market

Rise in gold and silver prices has been seen in the futures market. On the Multi Commodity Exchange (MCX), the price of gold contract for August 5, 2025 has increased by 0.08 percent to Rs 97,957 and the price of silver contract for July 4, 2025 has increased by 1.03 percent to Rs 1,05,522.

Colin Shah, MD of Kama Jewellery, said that due to global reasons, there is volatility in gold prices in the domestic and international markets. Investors are eyeing the US Fed meeting to be held in the middle of this month and only after this the direction of gold movement will be decided at the global level.

Gold prices have increased by 28% so far this year

Gold and silver prices are rising at the international level. At the time of writing the news, gold had increased by about 0.24 percent to $3,383.61 per ounce and silver had increased by 1.40 percent to $36.298 per ounce at the international level.

Since January 1, the price of 10 grams of 24 carat gold has increased from Rs 76,162 to Rs 20,983 or 27.55 percent to Rs 97,145. At the same time, the price of silver has also increased from Rs 86,017 per kg to Rs 19,268 or 22.40 percent to Rs 1,05,285 per kg.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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