Gold prices rose today, Tuesday, with the decline of the dollar, while investors await more indications about the path that the Federal Reserve (US Central Bank) will adopt regarding interest rates.

And gold in instant transactions rose 0.2% to 2001.09 dollars an ounce.

US gold futures rose 0.2% to 2011.10 dollars.

The dollar index fell 0.1%, making bullion priced in the greenback cheaper for buyers abroad.

Gold prices fell to a two-week low on Monday after data showed manufacturing activity in New York State increased for the first time in 5 months.

The data reinforced expectations that the Federal Reserve will raise interest rates at its meeting next May.

Gold is considered a hedge in times of high inflation and economic uncertainty, but high interest rates undermine the attractiveness of non-yielding bullion.

The highest historical price for gold contracts was recorded in August 2020 at a price of $ 2073 an ounce, at that time fears were mounting of an outbreak of the Corona pandemic.

Gold Price in India: The fall in the price of gold and silver, the rate of 10 grams of gold became so cheap

Gold Silver Price Today 18 April 2023: Today, on Tuesday, the second day of the week, there was a fall in the prices of gold and silver. Gold price is trading above Rs 60,000 in the bullion market. Gold rate fell by Rs 150 and is trading at Rs 60,479. Yesterday on Monday, the price of 24 carat gold closed at Rs 60,629.

Today, the rate of both gold and silver has come down significantly in the country. At the national level, the price of 24 carat gold (Gold Rate) has reached Rs 60,480 per 10 grams with a decrease of Rs 150 i.e. 0.25%. While the price of 22 carat gold has gone up to Rs 55,400 per 10 grams. On the last trading day i.e. April 17, the price of 24 carat gold had closed at Rs 60,630 per 10 grams and 22 carat gold had closed at Rs 55,540 per 10 grams.

On the other hand, if we talk about silver, today the shine of silver has also faded. Today silver has become cheaper by 900 points (1.19%) to Rs 74,600 per kg. While the price of silver had come down to 75,500 yesterday.

Gold rate today in the metropolitan cities of the country

In Delhi, the gold rate of 24 carat purity is Rs 61,070 per 10 grams and the rate of 22 carat gold is Rs 56,000 per 10 grams.

In Mumbai, 24 carat gold is being sold at Rs 60,920 per 10 grams and 22 carat gold at Rs 55,850 per 10 grams.

In Kolkata, 24 carat gold is available at Rs 60,920 per 10 grams and 22 carat gold at Rs 55,850 per 10 grams.

The rate of 24 carat gold in Chennai is Rs 52,285 per 10 grams and the rate of 22 carat gold is Rs 47,927 per 10 grams.

24 carat gold is considered the purest (99.9 percent). 24 carat gold is used to make gold coins and bars. While 22 carat gold is considered better for making jewellery.