The trade war between China and the US, with the increase in tension between India and Pakistan, was seen to increase in gold prices, but now there is a huge fall in gold prices. In the last month itself, gold had crossed 1 lakh rupees, but now gold has become very cheap. Gold has been cheaper to 8 thousand rupees from its record high. Today, the price of gold has declined again.
Talking about Gold on MCX, gold has become cheaper by about 8000 rupees from its record high for 5 June futures. During the last month i.e. April 2025, the gold price on MCX reached close to Rs 1,00,000. But now it has reached Rs 92262 per 10 grams. Today, the price of gold has fallen by Rs 1385 per 10 grams.
How much silver price?
Talking about silver in the multi commodity market, today it has become cheaper of Rs 1596 per kg. While it reached Rs 97053 during the day trading, it has declined a huge decline after that and it has closed at Rs 95171 per kg by about Rs 1600 per kg. Silver also reached a record high 103704 rupees during the last month.
Gold price in bullion market
The price of gold and silver has decreased in the Indian bullion market. By 5 pm, the price of 24 carat gold was at a price of Rs 93859 per 10 grams. Whereas during yesterday evening, it was closed at a price of Rs 94344 per 10 grams. That is, today there is a cheaper of Rs 485 per 10 grams in the price of 24 carat gold. Similarly, the price of 23k gold is Rs 93483. The 22 carat gold price is Rs 85975 per 10 grams.
There is so much reduction in silver price
The price of 18 carat gold today is Rs 70394 per 10 grams and the price of 14 carat gold is Rs 54908 per 10 grams. Similarly, the price of silver has also decreased. The silver price decreased by Rs 420 to Rs 96400 per kg.
