In Delhi, gold has touched over Rs 46,000 and could catch up during the festive season.
Business experts say that apart from the festive season, inflation is on the rise Global shares due to concerns Gold can be expensive even after the market declines. At present, gold in India is much cheaper than the record level of Rs 55,000 per 10 grams.
If you look at GoldPrice.org, at 11.02 am Indian time in the international market, gold on the MCX was up 0.20 per cent at 90 1790.68 an ounce. Silver, on the other hand, was down 0.47 per cent at 23 23.67 an ounce. Daily) These prices are quoted per gram excluding GST charges)