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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