Gold prices rise amidst omicron threat
Due to the new variant of Coronavirus, Omicron, there is a decline in the global and local market. Meanwhile, the bullion market has gained momentum on Monday. Although gold is not very booming, but still in this morning gold was reaching near Rs 48,000. On the multi-commodity exchange at 10.07 in the morning, gold was trading at Rs 47,944 per 10 grams, up by Rs 41 or 0.09%. In the last trading session, gold had closed at Rs 47,903. Its average price was running at Rs 47,948.
During this, silver also gained good momentum and its futures prices rose by Rs 125 or 0.2% to Rs 61,641 per kg. The previous closing of silver was 61,516. The average price of Silver Futures was Rs 61,665.
In the international market, there was also gold is on the rise, silver has also achieved good growth. According to goldprice.org, gold rose by 0.11% in the morning and the metal was at Rs 4,313.98 per ounce. At the same time, Silver Future showed a rise of 0.31% at the level of Rs 54,426.11.
22 carat and 24 carat gold price
As per Good Returns website, today the price of 24 carat gold is Rs 4,752 of 1 gram, 38,016 for 8 grams, 47,520 for 10 grams and Rs 4,75,200 for 100 grams. 22 carat gold is being sold at 46,520 per 10 grams.
If we look at the prices of gold in major cities, then the price of 22 carat gold in Delhi was 46,920 and 24 carat gold was running at 51,180. In Mumbai, 22 carat gold was at 46,520 and 24 carat gold was 47,520. In Kolkata, 22 carat gold was available for Rs 46,870, while 24 carat gold for Rs 49,570. The price of 22 carat gold in Chennai was Rs 45,080 and 24 carat Rs 49,180. These prices are per 10 grams of gold.
