Gold reached one lakh calls per 10 grams and about 1 lakh rupees, the price rose in 24 hours by Rs 1.477

New -Delhi, April 16 (IANS). Gold prices are rising constantly and made a new time high on Wednesday. According to IBJA, the price of 24 carat gold has risen by Rs 1.477 per 10 grams over the past 24 hours. According to the India Bullion and Jewelers Association (IBJA), the price of 24 carat gold with Rs 1.477 rose to Rs 94,579 per 10 grams, which used to be Rs 93,102 per 10 grams. The price of 22 carat gold rose to Rs 92,310 per 10 grams and the price of 18 carat gold also rose to Rs 76.610 per 10 grams. Along with the Spot Market, gold prices also see a rise in the futures market. Gold’s contract on Multi Commodity Exchange (MCX) on June 6, 2025 rose 1.90 percent to Rs 95,435 per 10 grams. In the international market, gold prices remain high at all times. Gold prices have reached $ 3,320 an ounce. The reason for the increase in gold prices is apparently becoming global instability worldwide. In addition, people invest in gold, considered safe from the US and China, who support the prices of gold. Kayanat Chanwala, assistant -vise president of commodity research in Kotak Securities, said gold touched the record height as a result of concerns about the growing trade war. He further said that Trump’s latest policy steps are increasing nervousness among investors worldwide. Investors are now watching for the upcoming US retail sales data and the speech of the chairman of the Federal Reserve, Jerome Powell, which will be scheduled on Wednesday. Since the beginning of 2025, the price of 10 grams of 24 carat gold has risen from Rs 76,162 to Rs 18,417 or 24 percent to Rs 94,579 per 10 grams. -Ians abs/

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