Gold rate today: Gold and silver became cheaper again today in India, the price fell by Rs 550, know the latest price.

Due to the fear of increase in the interest rate, today again the price of gold and silver fell. A decrease of Rs 110 in the price of gold and Rs 550 in silver was recorded.

Gold price decreased by Rs 110 and silver by Rs 550 today. According to the report of HDFC Securities, after this fall, the price of gold in Delhi bullion market reached Rs 55550 per ten grams. Silver price today slipped to Rs 63000 per kg. At present, the spot gold price on the Gold Price website is $1808 an ounce, while the price of silver is $20.59 an ounce.

In a PTI report, Research Analyst Shriram Iyer for Reliance Securities said that there is pressure on the gold price today, as the Federal Reserve is still active on increasing the interest rate. Important data regarding the American economy is going to come this week. This data will have a direct impact on the setting of the price.

According to the data available on the website of IBJA i.e. Indian Bullion Jewelers Association, today the closing price of 24 carat gold was Rs 5555 per gram. The price of 22 carat gold was Rs 5422, the price of 20 carat gold was Rs 4944, the price of 18 carat gold was Rs 4500 and the price of 14 carat was Rs 3583 per gram. The price of gold of 999 purity was Rs 55550 per ten grams on IBJA, while the price of silver of 999 purity was Rs 63007 per kg.

Gold and silver price on MCX

MCX is also under pressure in the domestic market. Gold for delivery in April declined by Rs 326 and was currently trading at Rs 55150 per ten grams. Silver for March delivery was trading at a level of Rs 62745 per kg, down by Rs 219.