Ahead of Akshya Tritiya gold prices cross Rs 1 Lakh mark

Earlier, the price of 10 grams of gold was ₹ 96,670.

Gold has made a new all-time high today. Today, i.e. on 22 April, the price of gold reached the mark of Rs 1 lakh. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold has increased by ₹ 3,330 to ₹ 1 lakh. Earlier, the price of 10 grams of gold was ₹ 96,670.

At the same time, the price of one kg of silver has fallen by ₹ 342 today to ₹ 95,900 per kg. Earlier, the price of silver was ₹ 96,242 per kg. On March 28, silver made an all-time high of ₹ 1,00,934.

The threat of a trade war has increased due to America’s tariff policy. This may slow down the pace of growth of the economy. The possibility of global recession has also increased. In such a situation, people are increasing their investment in gold.

Gold is considered a safe investment during a recession. Gold prices have increased due to the weakening of the rupee against the dollar. This is because when the rupee weakens, it costs more money to import it. This year, the rupee has fallen by about 4%, which has increased the pressure on gold prices.

The wedding season has started, so the demand for gold jewelry is increasing. Jewelers in cities like Mumbai, Delhi and Chennai said that despite high prices, sales are booming, as people see gold as a symbol of investment and prosperity.

Gold price in 4 metros and Bhopal

Delhi: The price of 10 grams of 22 carat gold is Rs 93,050 and the price of 10 grams of 24 carat gold is Rs 1,01,500.

Mumbai: The price of 10 grams of 22 carat gold is Rs 92,900 and the price of 10 grams of 24 carat gold is Rs 1,01,350.

Kolkata: The price of 10 grams of 22 carat gold is Rs 92,900 and the price of 10 grams of 24 carat gold is Rs 1,01,350.

Chennai: The price of 10 grams of 22 carat gold is Rs 92,900 and the price of 10 grams of 24 carat gold is Rs 1,01,350.

Bhopal: The price of 10 grams of 22 carat gold is Rs 90,200 and the price of 10 grams of 24 carat gold is Rs 98,400.