Gold Prices in India Remain Stable, Delhi Sees a Slight Decrease
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Gold prices in India have remained steady, while silver prices have seen a slight decrease. In Delhi, the price of 10 grams of 24-carat gold is Rs. 63,100.0, while 1 kilogram of silver is priced at Rs. 76,546.0. The price change in 24-carat gold in the last week is -2.22%, and in the last month, it is -2.74%. Gold April 2024 MCX futures are trading at Rs. 62,001.0 per 10 grams, up by 0.346%, and silver May 2024 MCX futures are trading at Rs. 76,737.0 per kilogram, up by 1.378%. The stability in gold prices can be attributed to the increase in safe-haven appeal due to geopolitical tensions. Market participants are exercising caution ahead of US economic data releases. Traders and investors are closely monitoring the market to take advantage of potential opportunities in this volatile period...
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