New Delhi: Sunadar remains stable in the Indian market today. According to the Indian Bullion and Jewelers Association, gold prices have risen to Rs 51,222 per 10 grams in the country today. Sunadar had Rs 5,111 yesterday. Similarly, 22 carats of gold have a price tag of Rs 7,6 per 10 grams. A 3 percent GST will be levied on all these rates. Similarly, the rupee also rose by Rs 2,316 per kg to Rs 75,34.
U.S. Federal Reserve chief Jerome Powell is set to deliver his monetary address today, but investors are already wary. Investors have taken the move as the value of the dollar depends on the Federal Reserve’s decision. In the international market, gold prices have fallen below $ 2,000 an ounce. Gold has reached $ 182 an ounce in the spot market. One ounce is 18.4 grams. “As a result, gold is declining in the Indian market,” he said. Investors have cut interest in gold as the dollar rises in the global market.
