North India Statesman
[ad_1]
Today, on 29 May, the prices of gold and silver rose in the Indian bullion market. Gold has now crossed Rs 72,000 per 10 grams while silver has crossed Rs 94,000 per kg. At the national level, the price of 24 carat 10 grams of gold with 999 purity is Rs 72625. While the price of silver with 999 purity is Rs 94280.
According to the India Bullion and Jewelers Association, the price of 24 carat pure gold was Rs 72,291 per 10 grams on Tuesday evening, which has increased to Rs 72,625 this morning (Wednesday). Similarly, gold and silver have also become expensive on the basis of purity.
22 carat gold price today
Today the price of 995 purity gold is Rs 72334 per 10 grams. At the same time, the price of 916 (22 carat) purity gold is Rs 66525 per 10 grams. The rate of 750 (18 carat) purity gold is Rs 54469 per 10 grams. At the same time, the price of 585 (14 carat) purity gold is Rs 42856 per 10 grams.
So far this year, gold has become costlier by more than 8 thousand rupees
According to IBJA, the price of gold has increased by Rs 8,810 so far this year. On January 1, gold was Rs 63,352 which has now reached Rs 72,162 per 10 grams. At the same time, the price of one kilogram of silver has increased from Rs 73,395 to Rs 90,590.
Gold may reach up to 85 thousand rupees in the next one year
According to Anuj Gupta, Head of Commodity and Currency at HDFC Securities, gold and silver may see a rise in the coming days. In the next one year, the price of gold may go up to Rs 80 thousand to Rs 85 thousand per 10 grams, while silver may also reach Rs 1 lakh per kg.
