The record
Written from the 1 report below. Nothing here is unsourced.
- Gold and silver prices in India rose sharply over the first two days of this week, reversing last week's declines.
- Silver in the domestic market jumped over ₹7,700 per kilogram to close at ₹2,23,204 per kg on Tuesday, according to the India Bullion and Jewellers Association, while gold gained about ₹1,978 per 10 grams to reach ₹1,43,137 per 10 grams.
- Prices also climbed on the MCX, with the August gold contract closing at ₹1,42,988 and the September silver contract at ₹2,24,200 per kg.
- The report notes that jewellery buyers should also account for GST and making charges, which vary by city.
What to watch next
- Whether the two-day rally continues or prices slip back after last week's falling trend
- Future IBJA closing rates for gold and silver
- MCX contract movements for upcoming expiries
Coverage1
1 report
Indian-language1
All filed from India
Named India · MCX · Indian Bullion Jewellers Association
The 1 report is listed beside the record.
Ask this story
Answers cite the reports above, or say they can't.