Gold prices in India jumped, hit high in global markets-Check new rates in JK and other parts

Gold prices in India jumped about 3,000 per 10 gram in April from the levels of about 44,000 at the start of the month amid positive global cues. On Friday, the local gold futures were trading around 47,000 per 10 grams. The yellow metal hit a seven-week high in global markets, which, according to analysts, has been driven by supportive macro cues.

MCX Gold: The yellow metal’s prices increased as much as Rs 560 per 10 gram to 47175 yesterday. Today, gold has fallen by over Rs 100 but is still trading at levels above Rs 4700. In this week, gold prices have overall increased by Rs 650.

Gold is trading Rs 9200 lower than its all-time high achieved last year when investors turned to safer investment at a time public markets crashed due to Covid-19 fears. Gold hit an all-time high of Rs 56191 in 2020, and gave an impressive 43% returns to investors.

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Today’s Gold Rate in Jammu( 18 Apr 2021 )
Compare 22K & 24K Gold Rate In Jammu (Today & Yesterday)
Today Yesterday Rate Change
Standard Gold (22 K) ( 1 gram ) ₹ 4,410 ₹ 4,409 ₹ 1 ↑
Standard Gold (22 K) ( 8 grams ) ₹ 35,280 ₹ 35,272 ₹ 8 ↑
Pure Gold (24 K) ( 1 gram ) ₹ 4,628 ₹ 4,624 ₹ 4 ↑
Pure Gold (24 K) ( 8 grams ) ₹ 37,024 ₹ 36,992 ₹ 32 ↑
Today’s Gold Rate in Srinagar ( 18 Apr 2021 )
Compare 22K & 24K Gold Rate In Srinagar (Today & Yesterday)
Today Yesterday Rate Change
Standard Gold (22 K) ( 1 gram ) ₹ 4,569 ₹ 4,578 ₹ -9 ↓
Standard Gold (22 K) ( 8 grams ) ₹ 36,552 ₹ 36,624 ₹ -72 ↓
Pure Gold (24 K) ( 1 gram ) ₹ 4,797 ₹ 4,807 ₹ -10 ↓
Pure Gold (24 K) ( 8 grams ) ₹ 38,376 ₹ 38,456 ₹ -80 ↓
Gold Rate Today

Todays gold rate in India:

  • 10g of 24K gold is 50,120 Indian Rupee
  • 10g of 22K gold is 45,950 Indian Rupee

India is witnessing an unprecedented surge in coronavirus disease (Covid-19) cases and many states like Maharashtra, Delhi and Uttar Pradesh have imposed local curbs to contain the virus. The fresh coronavirus-induced restrictions have led to a decline in physical gold purchases in India.

NOTE: Please note that Gold price rates today for both 22-carat and 24-carat mentioned in the story are indicative and excluding of the Goods and Services Tax (GST), TCS, and other levies. Gold prices at jewellery shops may differ.

(With Inputs From Agencies)

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