Gold Rate Today (Gold Rate Today) 04 August 2020: The price of gold has increased further whereas today silver has remained stable. Know the price of gold 24, 23, 22, 18 and 14 carat and also the price of silver.
- The price of gold is constantly increasing
- The price of gold has reached a new record high
- 24 carat, 23 carat, 22 carat, 18 carat and 14 carat gold has become more expensive, know the latest price below
Gold / silver price today, 04 August 2020:On Tuesday (August 04), the price of gold has increased for the fifth consecutive trading day. While the price of silver remained almost constant after the big bounce for the second consecutive day. Gold prices rose by Rs 97 to Rs 54,830 per 10 grams on Tuesday, according to HDFC Securities. The previous trading day closed at Rs 54,733 at 10 grams on Monday. The price of silver remained flat at Rs 66,855 per kg, which is Rs 5 less than the previous closing price of Rs 66,860 per kg. In the international market, gold declined marginally to US $ 1,975.4 an ounce, while silver remained flat at $ 24.31 an ounce. Whereas in the Indian futures market, the price of gold declined by Rs 197 and silver rose by Rs 23. According to the website of the India Bullion and Jewelers Association, gold also increased while the price of silver declined. 24 carat, 23 carat,(You can see the latest quote in detail below)
According to the India Bullion and Jewelers Association website (ibjarates.com), gold rose by Rs 28 today (August 04). After this, the price of gold was Rs 54004 per 10 grams. While the price of silver fell by Rs 35 to Rs 64,735 per kg. The price of 10 grams of gold in 24 carat is Rs. 54000 while the price of 10 grams of 22 carat gold is Rs. 49470. Know the price of gold according to purity below.
|Metal||Accuracy||Price per 10 grams|
|Gold||999 (24 carat)||54004 Rupees|
|Gold||995 (23 carat)||53788 rupees|
|Gold||916 (22 carat)||49468 rupees|
|Gold||750 (18 carat)||Rs 40503|
|Gold||585 (14 carat)||31592 rupees|
|silver||999||64735 Rs. Kg|
Gold futures fall in prices
Due to weak spot demand, traders cut their deals, due to which gold fell 0.36% to Rs 53,800 per 10 grams in the futures market on Tuesday. At the Multi Commodity Exchange, the price of delivery gold contract fell by Rs 197, or 0.36%, to Rs 53,800 per 10 grams in August. It traded for 459 lots. However, the price of gold delivery contract rose by Rs 24, or 0.04% to Rs 53,741 per 10 grams in October. It traded for 16,606 lots. Gold rose 0.37% to $ 1,993.70 an ounce in the international market, New York.
Silver futures move up
Due to positive global cues and strong spot demand, traders increased the size of their deals, leading to a rise of Rs 23 to Rs 65,771 per kg in futures trade on Tuesday. Silver for delivery in September rose by Rs 23, or 0.03%, to Rs 65,771 per kg in the Multi Commodity Exchange with a turnover of 14,131 lots. Market experts said that the positive domestic market trend led to the buying of fresh deals by traders which led to the rise in silver futures. Internationally, in New York, silver rose 0.34% to $ 24.50 an ounce.