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Gold Rate Today: Alert for gold lovers.. These are the prices of gold and silver today.. How are the rates?

The News GlorybyThe News Glory
05/07/2023
Gold Rate Today: Alert for gold lovers.. These are the prices of gold and silver today.. How are the rates?

Gold Rate Today: The prices of gold, which had fallen in a row and fell heavily, rose slightly again. International growth has also been seen. Recently, it can be said that the price of gold has fallen due to the fact that the US Fed did not slow down on interest rate hikes. The Fed has signaled that it may raise interest rates two more times this year. This will increase the demand for bond yields including the dollar. At the same time, the value of gold falls. This is the reason why gold rates have fallen consecutively. But now on July 5, gold prices have moved slightly internationally and domestically. Let us now see where the rates are. The spot gold rate in the international market continues at 1927 dollars per ounce. On the other hand spot silver price is trading at 23 dollars. Compared to the dollar, the rupee’s exchange rate is at Rs.82.015.

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At the same time as the international prices increased, the domestic gold prices also increased. In Hyderabad, the price of 22 carat gold increased by Rs. 100 per 10 grams and continues at Rs. 54,150. On the other hand, the rate of 24 carat gold has also increased by Rs.100 and is currently at Rs.59,060 per 10 grams. And in the Delhi market also the rate of 22 carat gold per 10 grams is Rs. 100 increased to Rs. While trading at 54300, the price of 24 carat bullion rose by Rs.100 to Rs.59,220.

As gold prices increased, silver prices also increased in the Hyderabad market. Rs. 200 per kg reduced the previous day and now Rs. 300 and is currently at Rs.75,800. Silver prices have decreased in the Delhi market. In the national capital, a kilo of silver has decreased by Rs.200 and now it is Rs. 71,700 continues.

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