Ahead of Akshay Tritya and Wedding Season price of yellow metal has reached all-time high. This after President Trump announced 90-day exemption in tariffs. Today, on April 11, gold reached a high of Rs 93,074 per 10 grams. In one fell swoop, the price of gold increased by Rs 2,913. While silver has become expensive by Rs 1,958 to Rs 92,627. Due to GST, the price of 24-carat gold has now become expensive by Rs 95,866 and the price of silver has become expensive by Rs 95,405.
The price of 22-carat gold has also increased to Rs 85,200
According to the rate announced by IBJN, the price of 23-carat gold has now become expensive by Rs 2,901 and has reached Rs 92,701 per 10 grams. While the price of 22-carat gold has increased by Rs 268 to Rs 85,256 per 10 grams. Today, the price of 18-carat gold has increased by Rs 2,185 to Rs 69,806.
The India Bullion and Jewelers Association (IBJA) has announced the bullion market rates. This does not include GST. There may be a difference of Rs 1000 to Rs 2000 in your city. IBJA issues rates twice a day. Once around 12 noon, and the second time around 5 pm.
The dream of 55 thousand is shattered
Gold prices faced a setback for those anticipating a rise to Rs 50,000-55,000. Expert Ajay Kedia attributes previous gains to ongoing geopolitical tensions, de-dollarization, central bank and ETF purchases, coupled with stock market declines and recession/inflation fears, driving investors towards safe havens like gold.