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Gold Silver Price: Gold falls by Rs 350, silver by Rs 200 amid global cues | News India

Gold Rates Today 18 August 2024

Gold Silver Price: Gold and silver prices have fallen in the national capital Delhi amid signals from the global market. In New Delhi, the price of gold fell by Rs 350 to Rs 73,800 per 10 grams, while the price of silver fell by Rs 200 to Rs 87,000 per kg.

The rise in US Treasury yields and improvement in the dollar index had an adverse effect on the precious metal. Apart from this, Reserve Bank of India Governor Shaktikanta Das said that the current monetary rates are balanced at the level of 6.5 percent and said that a reduction in policy rates at this level can be misleading.

On the other hand, gold prices rose in the world market. Gold prices on Comex rose by $18.20 to $2,534.90 per ounce. While the price of silver rose by 1.24 percent to $29.84 per ounce. The price of silver in Ahmedabad fell by Rs 500 to Rs 84,000 per kg. While the price of gold per 10 grams remained stable at Rs 74,000.