International gold prices: Gold is up more than 24 per cent this year, with gains supported by the US Fed's easing cycle, central bank purchases and heightened geopolitical and economic risks that have driven haven demand....
A sharp decline was witnessed a day after a cut to the customs duty to 6% on Gold and Silver was proposed in the budget. The gold prices in India on July 24, stood at Rs 64,950/10 gram for 22 carat, whereas for the 100 grams of 22 carat yellow metal prices will cost Rs 6,49,500....
There has been continues rise in the gold prices from past few weeks and the experts are predicting that gold prices will touch Rs 75,000 soon....
RBI's foreign exchange reserves have also hit an all-time high, soaring to $645.6 billion by the end of March 2024....
According to GoodReturns, the price of 22-carat gold was at Rs 58,000 per gram; Rs 63,270 for 10 gm 24-carat gold and silver at Rs 76,500 per kg respectively....
