India witnesses increase in gold price, check details

Prameyanews English

Published By : Prameya News Bureau | April 05, 2024 IST

Bhubaneswar, Ap 5: Gold prices continue to surge, nearing the Rs 70,000 mark today.

The price of 24-carat and 22-carat gold on Friday increased by Rs 760 and Rs 750 respectively. The price of 24-carat gold (10 grams) is now Rs 69,870 and 22-carat gold (10 grams) is Rs 64,100.

According to experts, gold is expected to witness further growth, reaching Rs 75,000 per 10 grams by the end of the current fiscal year 2024-25. 

This upward trend has created optimism among gold traders and investors, who are now looking forward to Akshaya Tritiya, a festival traditionally considered auspicious for buying gold, with great anticipation. 

In 2014, the price of 10 grams of gold was Rs 28,006.50. Analysts anticipate a continued rise in prices in the foreseeable future, offering lucrative opportunities for gold sellers and investors alike.

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