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    Gold, Silver Prices Rise Today: Check 22K And 24K Rates In Delhi, Mumbai, Other Cities On March 13 | Savings and Investments News

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    Gold and Silver Rates In India Today, March 13: In Mumbai, the price of 24-carat gold rises to Rs 1,61,240 per 10 grams, while 22k gold is available at Rs 1,47,800 per 10 grams.

    Gold and silver prices today, March 13.

    Gold and silver prices today, March 13.

    Gold and Silver Rates In India Today, March 13: Gold and silver prices in India rose on March 13, supported by a weaker dollar and softer US Treasury yields. On the MCX, gold was trading higher by 0.05% at Rs 1,60,356 per 10 grams in the early trade on Friday, while silver fell 0.31% to Rs 2,68,802 per kg.

    In Mumbai, the price of 24-carat gold increased to Rs 1,61,240 per 10 grams, while 22k gold was available at Rs 1,47,800 per 10 grams. These rates do not include GST and making charges.

    Last month, gold touched its all-time high of over Rs 1,80,000, while silver prices hit a record Rs 4,20,000.

    What Is The Price Of 22kt, 24kt Gold Today In India Across Key Cities On March 13?

    City 22K Gold (per 10gm) 24K Gold (per 10gm)
    Delhi Rs 1,48,840 Rs 1,62,360
    Jaipur Rs 1,48,840 Rs 1,62,360
    Ahmedabad Rs 1,47,830 Rs 1,61,290
    Pune Rs 1,47,800 Rs 1,61,240
    Mumbai Rs 1,47,800 Rs 1,61,240
    Hyderabad Rs 1,47,800 Rs 1,61,240
    Chennai Rs 1,47,800 Rs 1,61,240
    Bengaluru Rs 1,47,800 Rs 1,61,240
    Kolkata Rs 1,47,800 Rs 1,61,240

    In the international market, US spot gold was up 0.8% at $5,118.75 per ounce, as of 0234 GMT. U.S. gold futures for April delivery was unchanged at $5,123.30.

    “The dollar has eased from its highs which has opened the door for gold to make headway amid the ongoing geopolitical risks,” said Tim Waterer, KCM Trade chief market analyst.

    Bullion, however, has lost roughly 1% so far this week.

    Fears of inflation and questions about the Federal Reserve’s ability to cut rates if high oil prices persist is somewhat counteracting gold’s appeal, Waterer said.

    The dollar nudged lower on Friday, making greenback-priced commodities such as bullion cheaper for holders of other currencies.

    What Factors Affect Gold Prices In India?

    International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

    In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

    With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.

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