Business Desk – Gold-Silver Prices Today: The fall in gold prices in the country has deepened. Prices have fallen in all big cities. On the morning of April 30, the price of 24-carat gold in the capital Delhi came down to Rs 150,580 per 10 grams. The price in Mumbai fell to Rs 150,430 per 10 grams.

Just a day ago, gold prices in Delhi’s bullion market had fallen by Rs 1,500, or one percent, to Rs 152,800 per 10 grams. Spot gold is trading at $4,573.75 per ounce in the international market. Gold and silver prices have been affected by profit-booking, rise in crude oil prices and strengthening of the dollar. The rise in crude oil prices again has increased the risk of inflation.

As a result, the US central bank the Federal Reserve has not made any changes in its benchmark interest rates, keeping them stable. At its April meeting, the benchmark overnight interest rate was maintained at its current level within the range of 3.50%-3.75% for the third consecutive time. The reason for the increase in oil prices is the ongoing tension in the Middle East.

Gold prices in major cities of the country

• Gold price in Delhi: The price of 24-carat gold in Delhi is Rs 150,580 per 10 grams. The price of 22-carat gold is Rs 138,040 per 10 grams.


• Mumbai and Kolkata: At present, the price of 22-carat gold in Mumbai and Kolkata is Rs 137,890 per 10 grams, while the price of 24-carat gold is Rs 150,430 per 10 grams.


• Gold price in Chennai: The price of 24-carat gold is Rs 152,180 per 10 grams. The price of 22-carat gold is Rs 139,490 per 10 grams.


• Prices in Pune and Bengaluru: In both these cities, the price of 24-carat gold is Rs 150,430 per 10 grams, while the price of 22-carat gold is Rs 137,890 per 10 grams.

silver prices

A continuous decline is being seen in the prices of silver. On the morning of April 30, prices fell to Rs 254,900 per kg. However, just a day ago, the price of silver in Delhi’s bullion market had increased by Rs 500 to Rs 244,500 per kg. The spot price of silver in the international market is currently trading at $72.99 per ounce. At the domestic level, gold and silver prices are influenced by both domestic and global factors.

In the international market, COMEX gold was last seen trading at $4,592.60 an ounce, which was a gain of $31.10 or 0.68%. COMEX silver rose even more sharply, rising 1.78% to $72.845 an ounce. This rise in bullion comes after heavy selling pressure seen in the previous session, during which gold had fallen to its lowest level since March 31. Which was under pressure from a strong dollar and expectations of long-term high interest rates in major economies. However, the recent weakening of the dollar has provided some relief, making dollar-denominated bullion more affordable for non-US buyers.