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Gold Price on February 16: Rates Decline in Metro Cities, Silver hikes


Gold Price on February 16: Rates Decline in Metro Cities, Silver hikes
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The gold prices on Tuesday, February 16, witnessed a sharp decline while the silver prices increased marginally. The cost of one gram of 22-carat gold stood at Rs 4,600 after a fall of Rs 34. Similarly, the price of 10 grams of 22-carat-gold stood at Rs 46,000, declining by Rs 340. According to Good Returns, the rate of 24-carat gold also decreased following the market trend as for 10 grams, the price is Rs 47,000, down by Rs 340. Also, a difference of Rs 1,000 can be observed by comparing the cost of 24-carat gold to that of 22-carat gold. ....

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​Gold Price Today: Check Rates in Delhi, Kolkata, Chennai and Mumbai


​Gold Price Today: Check Rates in Delhi, Kolkata, Chennai and Mumbai
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The gold price in Indiahaswitnessed a marginal hike on Friday, January 22, whereas the silver prices have seen a downfall. The cost of one gram of 22-carat gold has increased by Re 1 and is currently at Rs 4,861, as per the prices collected from
Good Returns. The price of 10 grams of 22-carat-gold stands at Rs 48,610 after a hike of Rs 10. Also,prices of 24-carat gold are on an increase as well. For 10 grams, the price is Rs 49,610 after a rise of Rs 10. There is a difference of Rs 1,000 on comparing the prices of 22- carat gold of 10 grams from that of 24-carat of 10 grams. ....

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Gold to glitter more in 2021! Yellow metal to break records - Predictions


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Gold to glitter more in 2021! Yellow metal to break records - Predictions
Buying gold is always considered a trustworthy investment. In 2020, the gold price reached an all-time high of Rs 56,191 per 10 grams. Analysts predict that the precious metal is likely to glitter more in 2021. They believe that outlook for the yellow metal is strong amid signs of economic revival post-Covid induced lockdowns and restrictions.
2020 began with gold at Rs 39,100 per 10 gram. The domestic price hit a low of Rs 38,400 in March from where it steadily reached Rs 56,191.
According to Vastupal Ranka, director of Rare Jewels from the House of Ranka Jewellers, the pandemic led to an increase in the price of the yellow metal and the stimulus triggered a sharp rise in investment buying in the domestic market. He said the outlook for gold remains strong, mainly due to fresh stimulus expectations. The price of gold in 2021 is likely to breach the level of Rs 63,000 per ....

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