Gold Rates Drop Again, Fall Nearly ₹11,000 From All-Time High, Check Latest Gold Rate in JK
INDIA: Gold prices today slipped below the key ₹45,000 level while silver rates tumbled amid weak global cues in Indian markets. On MCX, gold futures dipped 0.5% to ₹44810 per 10 gram while silver futures slumped 2% to ₹66070 per kg. In global markets, gold today edged lower amid a strong dollar and hardening US bond yields. Spot gold fell 0.3% to $1,739.78 an ounce while other precious metals like silver, platinum and palladium all retreated.
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This year gold has seen a price drop of 8% this year as investors shifted to riskier assets on hopes of faster global economic recovery. Meanwhile, Federal Reserve Chair Jerome Powell, told Wall Street Journal the United States would pull out of the crisis “stronger and better, as we have done so often before.”
In Indian markets, gold prices are now down about ₹5,000 from the start of this year and as compared to last August record high levels of ₹56,000 they are off about ₹11,500.
In metro cities like Delhi, Mumbai, Kolkata and Chennai, the precious metal was trading at Rs 44,400, Rs 43, 930, Rs 44,560 and Rs 42, 500 respectively (for the ten grams of 22-carat gold). Readers must note that the prices of gold and silver vary across the country owing to the excise duty, state taxes, and other levies.
Today’s Gold Rate in Jammu( 22 Mar 2021 )
Compare 22K & 24K Gold Rate In Jammu (Today & Yesterday)
| Today | Yesterday | Rate Change | |
| Standard Gold (22 K) ( 1 gram ) | ₹ 4,392 | ₹ 4,241 | ₹ 151 ↑ |
| Standard Gold (22 K) ( 8 grams ) | ₹ 35,136 | ₹ 33,928 | ₹ 1,208 ↑ |
| Pure Gold (24 K) ( 1 gram ) | ₹ 4,492 | ₹ 4,532 | ₹ -40 ↓ |
| Pure Gold (24 K) ( 8 grams ) | ₹ 35,936 | ₹ 36,256 | ₹ -320 ↓ |
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Today’s Gold Rate in Srinagar ( 22 Mar 2021 )
Compare 22K & 24K Gold Rate In Srinagar (Today & Yesterday)
| Today | Yesterday | Rate Change | |
| Standard Gold (22 K) ( 1 gram ) | ₹ 4,335 | ₹ 4,335 | ₹ 0 ↑ |
| Standard Gold (22 K) ( 8 grams ) | ₹ 34,680 | ₹ 34,680 | ₹ 0 ↑ |
| Pure Gold (24 K) ( 1 gram ) | ₹ 4,552 | ₹ 4,552 | ₹ 0 ↑ |
| Pure Gold (24 K) ( 8 grams ) | ₹ 36,416 | ₹ 36,416 | ₹ 0 ↑ |