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Gold prices hit record high, rallies to Rs 61,490 per 10 grams

Written by  Shgun S -- May 04th 2023 06:23 PM
Gold prices hit record high, rallies to Rs 61,490 per 10 grams

Gold prices hit record high, rallies to Rs 61,490 per 10 grams

Gold prices hit record high of Rs 61,490 per 10 grams on the MCX on Thursday, reflecting a rise in international bullion prices.

On the MCX at 11:15 a.m. on Thursday, June gold futures were trading Rs 432, or 0.71% higher, at Rs 61,397 per 10 grams. Around the same time, July silver futures were trading at Rs 77,450, up Rs 868 or 1.13%.


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International gold prices reached a lifetime high of $2081.80 per troy ounce earlier today.

The gold rates have risen by approximately 12% so far in 2023.

The yellow metal's price is likely to rise even more, providing investors with 10-15% profits in FY24, according to experts.

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- With inputs from agencies

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