Property prices in 8 prime residential markets spike in one year
The property prices in India’s eight prime residential markets firmed up further in the past one year amid a spike in the cost of construction, a recent data said.
Akshaya Tritiya, an auspicious day believed to bring good luck and success, is considered favourable for beginning new ventures and investments like buying gold, On the occasion, the gold rate has shown a rise in India with the demand for the yellow metal.
Gold rates in the country on Friday rose to Rs 61,150 per 10 grams for 24 Carat and Rs 56,050 for 22 Carat.
The gold prices are being largely influenced by the re-emergence of Covid, world economic situation, US dollar value, US-China relations, inflation, and other issues.
In the national capital Delhi, the gold rate for 24 carat (10 grams) is Rs 61,080 while 22 carat (10 grams) is Rs 56,000. The rate of gold for 24 carat (10 grams) in Kolkata is Rs 60,930 while 22 carat (10 grams) is Rs 55,850. On the other hand, the price of 24 carat gold (10 grams) in Mumbai is Rs 61,930 while 22 carat gold (10 grams) is Rs 55,850.
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