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Gold prices fall, 10 grams to cost Rs 52,200; check rates here

On Monday, amidst a firm trend in global markets, gold prices increased by Rs 43 to Rs 50,908 per 10 grams in the Delhi bullion market on Monday. Due to this, gold has closed at Rs 50,865 per 10 grams in the previous trading session. Silver also increased by Rs 850 to Rs 62,211 per kg.

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Gold Price Today

Bullion demand is sluggish right now. In domestic markets, the gold prices showed a slight rise on Monday. However, on Tuesday, June 7, 2022, the futures market can be seen running at loss. Although the price of 10 grams of gold remains above 50,000.

Today silver has shown a big decline in its price. Gold prices fell for the third consecutive session in the international market amid fears of an increase in the benchmark policy rate by the Federal Reserve Bank. Spot gold was down 0.1% at $ 1,839.39 an ounce. US Gold Futures was also down 0.1% at $1,841.80 an ounce.

If we talk about the domestic market, then at 11:56 pm, gold futures were falling by Rs 141 or 0.28% and the metal had reached the level of Rs 50,729 per 10 grams. In the previous session, the closing was done at Rs 50,870. During this, silver prices were down by Rs 649 or 1.04% at Rs 61,650 per kg. Silver had closed at Rs 62,299 in yesterday’s session.

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IBJA Rates

If you look at the rate of India Bullion and Jewelers Association Limited (IBJA), then today with the last update, the price of gold and silver are given below:

These prices are given per gram without GST charge

999 (purity) – 51,112
995- 50,907
916- 46,819
750- 38,334
585- 29,901
Silver 999- 62,592

Price of gold jewellery of different carats in bullion market

Fine Gold (999) – Rs 5,111
22 KT- Rs 4,989
20 KT- Rs 4,549
18 KT- Rs 4,140
14 KT- Rs 3,297
Silver- (999)- 62,592

Bullion market gold price today

On Monday, amidst a firm trend in global markets, gold prices increased by Rs 43 to Rs 50,908 per 10 grams in the Delhi bullion market on Monday. Due to this, gold has closed at Rs 50,865 per 10 grams in the previous trading session. Silver also increased by Rs 850 to Rs 62,211 per kg. Silver has closed at Rs 61,361 per kg in its previous trading session.

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India News

Delhi Palam fire leaves 6 dead, massive rescue operation underway

Six people died after a fire broke out in a residential building in Delhi’s Palam. Firefighters continue rescue efforts with 30 tenders at the spot.

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Delhi's palam

A tragic fire incident in southwest Delhi’s Palam area on Wednesday morning claimed the lives of six people, triggering a large-scale emergency response.

According to officials, the blaze erupted in a residential building, prompting immediate action from fire and police authorities. Around 30 fire tenders were rushed to the spot to control the flames and carry out rescue operations.

Authorities said they received a distress call at approximately 7 am reporting the fire at a house within the building. Firefighters were deployed swiftly amid concerns that several residents could be trapped inside the structure.

A fire services official stated that initial information suggested people might still be inside, leading to an intensive search and rescue effort. Emergency teams, including police personnel, reached the congested locality to assist in evacuation and crowd management.

The firefighting operation was still ongoing at the time of reporting. The exact cause of the fire has not yet been determined, and further details are awaited as authorities continue their investigation.

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Centre mandates 60% free seat allocation on flights, caps selection fees

Airlines must now offer 60% seats without extra charges and ensure better seating arrangements for passengers under new government rules.

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In a significant move aimed at protecting air travellers, the Union Ministry of Civil Aviation has directed airlines to ensure that at least 60 per cent of seats on every flight are offered without any additional selection fee. The decision follows widespread complaints from passengers about hidden charges, particularly for seat selection.

The directive has been issued through the Directorate General of Civil Aviation, which has introduced a series of passenger-friendly norms to enhance transparency and improve the overall flying experience.

Under the new guidelines, airlines have also been instructed to seat passengers travelling on the same PNR together, preferably in adjacent seats. This is expected to address long-standing concerns among families and group travellers, who often face inconvenience due to scattered seating arrangements.

The regulator has further emphasised the need to safeguard passenger rights in situations such as flight delays, cancellations, and denied boarding. Airlines have been asked to prominently display these rights across their websites, mobile applications, booking platforms, and airport counters to ensure better awareness.

In addition, carriers must establish clear and transparent policies regarding the carriage of sports equipment, musical instruments, and pets. The move comes in response to frequent complaints over inconsistent rules and high charges. Airlines have been directed to align such policies with safety and operational standards while ensuring they are communicated in a simple and passenger-friendly manner.

To improve accessibility, the regulator has also asked airlines to share passenger rights information in regional languages.

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Mamata Banerjee warns BJP, EC over Bengal polls, says they will be accountable

Mamata Banerjee holds BJP and Election Commission responsible for any incidents during Bengal polls, raising concerns over officer transfers.

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West Bengal Chief Minister Mamata Banerjee has held the Bharatiya Janata Party (BJP) and the Election Commission of India responsible for any untoward incidents in the state during the upcoming assembly elections, following the transfer of key officials.

Addressing concerns over administrative reshuffles, Banerjee said that changes involving senior bureaucrats, including the chief secretary and home secretary, could affect governance and law and order in the state during a crucial period.

The Trinamool Congress chief also announced candidates for 291 constituencies for the elections scheduled to be held in two phases on April 23 and 29.

Criticising the Election Commission, Banerjee alleged that the transfers were being carried out in a manner that benefits the BJP. She questioned the timing of the decisions and said such actions weaken the state administration at a sensitive time.

She further raised concerns about disaster management and essential services, stating that experienced officials familiar with the state’s situation have been replaced. According to her, this could impact administrative efficiency if any emergency arises before the new government is formed.

Protecting Bengal’s identity

Banerjee emphasised that the election is not merely about forming a government but about safeguarding Bengal’s identity and existence. She accused the BJP of misusing central agencies and attempting to influence the electoral process.

She urged that elections should be conducted peacefully, without external interference, and in line with democratic principles. The chief minister also expressed confidence that her party would return to power with a stronger mandate.

Appealing to voters, she called for support for the Trinamool Congress, asserting that the people of Bengal will ultimately decide the outcome and protect their democratic rights.

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