Gold at new all-time high: Gold has created a new history in the world market. Gold prices have been at record highs continuously in the last two trading sessions. The possibility of interest rate cuts in the US has once again started gaining momentum. A jump in gold prices was seen in the national capital.
The price of gold rose by Rs 980 and crossed Rs 75,000. In the international market, the price of gold per ounce was $ 2,482.29. While the price of silver was around $ 31 per ounce.
There has been a sharp rise in the price of both gold and silver in Ahmedabad. The price of silver per kilogram in Ahmedabad increased by Rs 1,000 from Rs 92,500 to Rs 93,500. At the same time, the price of 10 grams of gold (99.9) in Ahmedabad increased from Rs 76,200 to Rs 76,700 by Rs 500. At the same time, the price of 10 grams of gold (99.5) in Ahmedabad increased by Rs 500 from Rs 76,000 to Rs 76,500.
According to the information, after the strong possibility of reduction in interest rates by the Federal Reserve in the month of September, the price of gold has increased today and has reached a new high.