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Gold, Silver Prices Hold Steady
Gold, Silver Prices Hold Steady: Check 22K And 24K Rates In Your City On April 17
Gold and Silver Rates In India Today, April 17: In Mumbai, the price of 24-carat gold rises to Rs 1,55,580 per 10 grams, while 22k gold is available at Rs 1,42,610 per 10 grams.
Gold and Silver Rates In India Today, April 17: Gold and silver prices remained stable on April 17, as hopes for a US-Iran peace deal eased fears of higher inflation and elevated interest rates. On the MCX, gold prices were marginally up by 0.04 per cent to trade at Rs 1,53,220 per 10 grams in the early trade, while silver inched up 0.58 per cent to Rs 2,50,059 per kg.
In Mumbai, the price of 24-carat gold rose to Rs 1,55,580 per 10 grams, while 22k gold was available at Rs 1,42,610 per 10 grams. These rates do not include GST and making charges.
In the international market, spot gold was unchanged at 4,789.67 per ounce, as of 0229 GMT, but up 0.9% for the week. US gold futures for June were steady at $4,809.30.
A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and US President Donald Trump said the next meeting between the United States and Iran may take place over the weekend.
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
Source: News18.com
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