Domestic gold futures jumped by 1.16 percent on Thursday, 11 June, tracking global rates, as the country slowly eased restriction in a phased manner under ‘Unlock 1.0’.
For the past few days, the prices of gold and silver have continued to fluctuate. Today, the gold prices closed at Rs 47,167 per 10 gram. At the same time, silver prices have risen by 1.65 percent to Rs 48,879 per kg today.
Today’s gold price increase marked a one week high as the US Central Bank on Wednesday projected bleak economic outlooks.
The bank projects that the US economy will shrink by 6.5 percent and unemployment rates to rise to 9.3 percent by the end of the year. This outlook boosting the demand for secure commodities like gold and silver.
24-Carat (24K) Gold Prices in Delhi, Mumbai, Bengaluru, Chennai & More22-Carat Gold Price in Delhi, Mumbai, Kolkata, Nagpur and More
Last 10 Days Gold Price in India
(With inputs form the Economic Times)
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