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 "Indians are putting their money into markets, not gold. Photographer: Dhiraj Singh/Bloomberg")
Indian financial system, Gold (Picture: Bloomberg)
The worth of 24-carat gold went up by Rs 10 in early commerce on Thursday, April 11, with ten grams of the dear metallic buying and selling at Rs 72,110, in keeping with the GoodReturns web site. The worth of silver additionally went up by Rs 100, with one kilogram of the dear metallic promoting at Rs 85,600.
The worth of 22-carat gold rose Rs 10 with the yellow metallic promoting at Rs 66,110.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 24-carat gold stood at Rs 72,270, Rs 72,120, and Rs 73,160, respectively.
In Mumbai, the value of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 66,110.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 22-carat gold stood at Rs 66,260, Rs 66,110, and Rs 67,060, respectively.
The worth of 1 kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 85,600.
The worth of 1 kilogram of silver in Chennai stood at Rs 89,100, in keeping with GoodReturns.
Gold costs had been little modified on Thursday, because the US greenback and Treasury yields firmed after hotter-than-expected inflation information tempered hopes for an early rate of interest lower.
Fed officers apprehensive final month that progress on inflation may need stalled, making an extended interval of tight financial coverage crucial, in keeping with the minutes of the US central financial institution’s March 19-20 assembly.
Spot gold was unchanged at $2,337.99 per ounce, as of 0107 GMT. It hit a report excessive for an eighth straight session till Tuesday.
(With inputs from Reuters)
First Printed: Apr 11 2024 | 8:28 AM IST
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