Gold Price Hike: The price of gold is increasing continuously, where on Tuesday the price of 10 grams of gold crossed Rs 1 lakh, at present there is no possibility of any decline in the price of gold.
Gold Price Hike
Gold Price Hike: The price of gold is constantly increasing and its rising price is not stopping, on Tuesday the price of 10 grams of gold was recorded to be more than 1 lakh where in Delhi’s bullion market, 24 carat 10 grams of gold was recorded at Rs 101600, which has increased by ₹ 1700. The reason for the rising price of gold is believed to be global instability, which includes US tariffs and the Russia-Ukraine war.
Gold has become so expensive in the past few days
If we talk about the increase in gold prices in the last one week in Gold Price Hike, then the price of gold has increased from ₹6000 to ₹7000 per 10 grams, if we talk about the figures, then on April 14, it was recorded at Rs. 93,252 per 10 grams in the Multi Commodity Exchange and if we talk about the price of gold on Tuesday, April 22, then it reached Rs. 99,178 per 10 grams, if the making charge is also added to it, then the price of 10 grams of gold crosses Rs. 1 lakh.
If we talk about the price of 24 carat 10 gram gold in Delhi’s bullion market, it is Rs 101600 which is Rs 1600 more than the previous day, its price is continuously increasing, despite this there is no decrease in its purchase, people are investing equal amount of money in it.
The reason for the increase in prices
The main reason for the Gold Price Hike is believed to be the reciprocal tariff imposed by the US President, apart from this, US President Donald Trump had given a statement that if the Central Bank Fed Reserve does not reduce the interest rates, then there may be a recession in America, apart from this, due to the war between Russia and Ukraine, the prices of gold and silver are also increasing.
Let us tell you that America implemented new tariff rules on April 2, although after this a relaxation of 90 days was also given, but after this, a continuous increase is being recorded in the price of gold and silver. Due to global instability, there is a constant fluctuation in it.
