Gold Prices in India See Slight Increase Amid Ongoing Conflict in West Asia
मुख्य बातें
- •The current gold price in India stands at Rs 15,938 per gram for 24 carat gold, Rs 14,880 per gram for 22 carat gold, and Rs 12,175 per gram for 18 carat gold.
- •The gold price increase is driven by the weakening of the US dollar following a decline in crude oil prices.
- •The ongoing conflict in West Asia has led to a surge in crude oil, gold, and silver prices due to the Strait of Hormuz blockade.
- •The global gold market is struggling, heading towards a weekly loss, as rising crude oil prices heighten inflation concerns.
- •The Indian gold market is shaped by several key factors, including global market rates, import duties, taxes, and shifts in currency exchange rates.
The gold market in India has witnessed a slight increase in prices, with the current rate standing at Rs 15,938 per gram for 24 carat gold, Rs 14,880 per gram for 22 carat gold, and Rs 12,175 per gram for 18 carat gold, as per the latest data from Good Returns. This marks a minimum increase of Rs 32 for 24K gold, Rs 30 for 22K gold, and Rs 25 for 18K gold compared to the previous day.
