Gold price today: Good news! Good chance to buy cheap gold, check today's price before shopping.
There is a 5 percent reduction on import duty on gold and silver. At present, 12.5 percent import duty has to be paid on gold and silver. Only a 7.5 percent import duty will have to be paid after deducting 5 percent. This will see the fall in the prices of gold and silver.
Gold Price Today: On Thursday morning on the Multi Commodity Exchange (Multi commodity exchnage), April's futures trade was trading at Rs 46,443.00, up by Rs 206.00.
New Delhi: Gold Price today: Gold prices have seen a rise today, but if you are also planning to buy cheap gold, then this is the best time. These days gold is trading at a low level of 8 months, so you have a chance to buy cheap gold. On Thursday morning, the futures trade in April was trading at Rs 46,443.00 on the Multi Commodity Exchange with a rise of Rs 206.00.
How cheap has it become?
Apart from this, the futures trade of silver was trading at Rs 69,390.00 with a rise of Rs 159.00. Let us tell you that Gold had set an all time high record of Rs 56,200 per 10 grams in the month of August. Since then, gold has become cheaper by about Rs 9800 till date.
Gold Price in International Market
Talking about the international market, even today gold has gained momentum. Gold trading in the US closed at $ 1,783.81 an ounce, up by $ 7.22. At the same time, silver traded down by $ 0.06 to reach the level of $ 27.31.
Gold Price in Delhi on 18 February 2021
>> 22 carat gold - Rs 45890
>> 24 carat gold - Rs 50060
>> Silver Price - Rs 69200
Rates in Delhi on Wenesday
On Wednesday, gold prices fell by Rs 717 per 10 grams in Delhi Sarafa Bazar, after which the new price of 99.9 grams pure gold in the capital Delhi was Rs 46,102 per 10 grams. Apart from this, silver's price fell by Rs 1,274 to Rs 68,239 per kg.
This announcement was made in the budget.
Finance Minister Nirmala Sitharaman has announced a huge cut in import tax on gold and silver in her budget speech. There is a 5 percent reduction on import duty on gold and silver. At present, 12.5 percent import duty has to be paid on gold and silver. Only a 7.5 percent import duty will have to be paid after deducting 5 percent. This will see the fall in the prices of gold and silver.