• About Us
  • Add Post
  • Contact
  • Contribute For Us
  • Homepage
  • Our Authors
  • Privacy Policy
What's Hot

Here’s why everybody goes to need an iPhone 15 Ultra this fall

February 7, 2023

Ireland scrum-half Jamison Gibson-Park out of France showdown by harm

February 7, 2023

Firefighting Boeing 737 Crashes in Australia, Crew Walks Away

February 7, 2023
What's Hot

Here’s why everybody goes to need an iPhone 15 Ultra this fall

February 7, 2023

Ireland scrum-half Jamison Gibson-Park out of France showdown by harm

February 7, 2023

Firefighting Boeing 737 Crashes in Australia, Crew Walks Away

February 7, 2023
Facebook Twitter Instagram
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors
Facebook Twitter LinkedIn
BusinessLendBusinessLend
  • NEWS
  • BUSINESS
  • AUTO
  • TECH
  • MONEY
  • STARTUP
  • SUCCESS STORIES
  • OTHER
    • Press Release
    • OPINION
Subscribe
BusinessLendBusinessLend
Home»NEWS»Gold rate: Gold has gained momentum, so far in April it has become costlier by Rs 2250, still higher by Rs 9700 from August high
NEWS

Gold rate: Gold has gained momentum, so far in April it has become costlier by Rs 2250, still higher by Rs 9700 from August high

Bhagyashree SoniBy Bhagyashree SoniApril 10, 2021No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Gold rate: Gold has gained momentum, so far in April it has become costlier by Rs 2250, still higher by Rs 9700 from August high
Share
Facebook Twitter LinkedIn Pinterest Email

24-carat gold has become expensive by Rs 2256 so far in April, while the price of silver has risen by Rs 4068.

1/5

In the year 2020, due to the Corona crisis, gold gave a return of 30 percent. It saw a steady decline in the first three months of this year. Once again the cases of Corona have started to increase, due to which the process of speeding has started. According to the information available on IBJA’s website, the price of 999 purity, which is called 24 carat gold, was Rs 46446 per ten gram in the last trading session of this week. On March 31, the price was Rs 44190 per ten grams.

2/5

Gold Silver

In this way, 24 carat gold has become expensive by 2256 rupees so far in April. If you talk about silver, the price of 999 purity silver was Rs 66930 per kg on the IBJA website in the last trading session of this week. On March 31, the price was 62862 rupees. In this way, the price of silver has risen by Rs 4068. Despite the rise in price, gold and silver are still much cheaper than the all-time high of August 2020.

3/5

Gold Rate2

In August 2020, gold had reached the level of Rs 56126 per ten grams and silver Rs 75013 per kg. Gold is still behind Rs 9680 and silver 8083 rupees from August high. Although market experts say that as the cases are increasing, it will continue to boom. Ajay Kedia, director of Kedia Capital, says that gold could be 50 thousand again by June.

4/5

Gold Price Image

Gold delivery on MCX saw a decline in the last trading session of the week. Gold for June delivery fell by Rs 228 to Rs 46610 per ten gram level. Similarly, gold for August delivery fell by Rs 245 to close at Rs 46,824 level. Silver has also declined. Silver for May delivery was down by Rs 540 to Rs 66961 and July delivery by Rs 467 by Rs 68051 per kg.

5/5

Gold Price Image 3

Whenever there is a fall in the bond yield, the price of gold rises. The US 10-year bond yield closed at 1.662 percent this week. On March 31, it was 1.744 percent while on March 30 it once reached 1.77, which is the highest level since January 2020. In the case of Corona, the pressure on the yield is increasing in the middle of the boom and it is seen to decline continuously.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Bhagyashree Soni
  • Facebook

Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

Related Posts

Two extra aircrafts with help to be despatched to Türkiye, following President Ilham Aliyev‘s directions

February 7, 2023

MFA shares particulars of terrorist assault on Azerbaijani Embassy in Iran (UPDATE)

February 6, 2023
Add A Comment

Comments are closed.

Advertisement
Editors Picks

EU hastens power market intervention

August 30, 2022

Best iPad Black Friday Deals 2022

November 10, 2022

Twitter Is on a Collision Course With Europe

November 11, 2022

German retailers plan to additional improve meals costs

July 2, 2022
Advertisement
Latest Posts

Here’s why everybody goes to need an iPhone 15 Ultra this fall

February 7, 2023

Ireland scrum-half Jamison Gibson-Park out of France showdown by harm

February 7, 2023

Firefighting Boeing 737 Crashes in Australia, Crew Walks Away

February 7, 2023

Business Lend is a platform which brings executives officers, entrepreneurs, and venture capitalist together from different sectors. We keep on connecting with our users with the help of our monthly edition carving our way slowly towards the highest readership.

Facebook Twitter Instagram LinkedIn
Must Read
  • Here’s why everybody goes to need an iPhone 15 Ultra this fall February 7, 2023
  • Ireland scrum-half Jamison Gibson-Park out of France showdown by harm February 7, 2023
  • Firefighting Boeing 737 Crashes in Australia, Crew Walks Away February 7, 2023

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2023 BusinessLend. Designed by ThemeSphere.
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors

Type above and press Enter to search. Press Esc to cancel.