Gold Prices Remain Steady at Record High, Check Rates on April 17
Gold prices have held steady in the state, with one sovereign of gold maintaining its price at Rs 54,360 on Wednesday, unchanged from the previous day. The price of one gram of gold also remains unchanged at Rs 7,134. The month of April saw gold prices surpassing Rs 50,000 for one sovereign, with a slight dip to Rs 50,680 on April 2. Meanwhile, the price of one gram of sand has decreased to Rs 89 from Rs 90.50 on Tuesday, while silver is priced at Rs 89,000 per kilogram. Economic uncertainty has led large investors and central banks to shift their investments to gold, considering it a safe option. Internationally, gold prices are trading close to $2,400 per ounce, indicating a bullish trend. If the current trend persists, the price of one sovereign of gold may exceed Rs 55,000 by the end of the month. Currently, purchasing one sovereign of gold can cost up to Rs 60,000, inclusive of labor charges, GST, and cess. Below is a summary of gold prices in April for 22-carat gold:
April 17: Rs 54,360
April 16: Rs 54,360
April 15: Rs 53,640
April 14: Rs 53,200
April 13: Rs 53,200
April 12: Rs 53,760
April 11: Rs 52,960
April 10: Rs 52,880
April 09: Rs 52,800
April 08: Rs 52,520
April 07: Rs 52,280
April 06: Rs 52,280
April 05: Rs 51,320
April 04: Rs 51,680
April 03: Rs 51,280
April 02: Rs 50,680
April 01: Rs 50,880
These prices indicate a consistent upward trend in gold rates throughout the month.
