Gold-Silver Price 14 Nov: Gold and silver prices witnessed a historic surge in Delhi’s bullion market on Thursday. Gold prices surged by ₹3,000 per 10 grams in a single day, surprising investors. Silver also followed suit, rising by ₹7,700 per kilogram. Strong international cues and the weakness of the US dollar are being cited as the main reasons behind this sharp rise.

New Gold and Silver Prices

According to the All India Sarafa Association, the price of 99.9 percent pure gold in the Delhi bullion market rose by ₹3,000 to ₹1,30,900 per 10 grams. This was the third consecutive trading day in which gold prices registered an increase. In the previous trading session, on Wednesday, gold with 99.9 percent purity closed at ₹1,27,900 per 10 grams. Meanwhile, the price of 99.5 percent pure gold also jumped by ₹3,000, from ₹1,27,300 to ₹1,30,300 per 10 grams.

Silver prices saw a bigger jump than gold. On Thursday, silver prices rose by ₹7,700 to ₹1,69,000 per kilogram (including all taxes). On Wednesday, silver had closed at Rs 1,61,300 per kg, up by Rs 5,540.

Why this historic surge?

Several international factors are at play behind this unprecedented surge. The biggest reason is the weakness of the US dollar. The dollar index, which measures the dollar’s strength against six major currencies, fell 0.20 percent to 99.30. This decline came after the Donald Trump administration passed a bill to end the record 43-day shutdown. A weak dollar directly supports the prices of precious metals like gold. Traders say the end of the US shutdown also strengthened gold’s appeal as a safe-haven investment.

Strong surge in the international market

This surge in the domestic market is mirroring the international markets. In the international spot market, gold rose by $41.19, or 0.98 percent, to reach $4,236.84 per ounce. Meanwhile, in foreign trade, spot silver was trading at $53.86 per ounce, up 1.13 percent.

Experts Explain Reasons for the Rise

Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities, said the bullion market continued to rally, supported by a weak dollar. Furthermore, weak macroeconomic data from the world’s largest economy (the United States) has raised expectations of further interest rate cuts, boosting gold’s luster.

He also noted that the Federal Reserve is likely to inject more liquidity into the banking system to alleviate the partial liquidity shortage caused by the shutdown. This move has also had a positive impact on precious metals.

Saumil Gandhi, commenting specifically on silver, said that silver has surged strongly this week, gaining more than 10 percent so far. Several factors are behind this surge, including expectations of interest rate cuts, supply concerns, strong industrial and investment demand, and strong technological momentum. However, Sandeep Raichura, CEO and Director of Retail Broking and Distribution at PL Capital, offered a slightly cautious view. He said that global tensions have eased and there may be some difficulties in the future due to US agreements with India and other major countries, which may keep a check on bullion prices.

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After Diwali, due to reduced demand, gold and silver prices are witnessing a steady decline. Gold and silver prices have fallen today as well. The shine of both is now fading. First, let’s find out the price of gold and silver across the country.

Gold Price Today: What is the price of gold?
Yesterday, trading took place on MCX during Muhurat trading. Around 10 am, the price of 24-carat gold on MCX was ₹128,000 per 10 grams. This is a decline of ₹271 per 10 grams. However, these prices were updated during Muhurat trading yesterday.

On the evening of October 20th, the price of 24-carat gold was recorded at ₹126,730 per 10 grams at IBJA. The new rates have not yet been updated. The price of 22-carat gold was recorded at ₹116,085 per 10 grams. The price of 18-carat gold is ₹95,048 per 10 grams.

Now let’s find out the price of silver.

Silver Price Today: What is the price of silver?
At the time of Muhurat trading, the price of silver on MCX was recorded at ₹150,000 per kg. It fell by ₹327 per kg. At that time, silver had set a low of ₹148,508 per kg and a high of ₹150,327 per kg. MCX is closed today, just like the stock market.

The IBJA recorded a price of ₹160,100 per kilogram of silver on the evening of October 20. New rates have not yet been released at the IBJA.

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According to the All India Sarafa Association, gold of 99.9 per cent purity closed at Rs 96,450 per 10 grams on Tuesday. Gold prices had recorded their biggest single-day rise on April 11, when it jumped by Rs 6,250 in local markets.

So far this year, gold prices have risen by Rs 18,710 or 23.56 per cent from the level of Rs 79,390 per 10 grams on January 1. Gold of 99.5 per cent purity also rose by Rs 1,650 to a new high of Rs 97,650 per 10 grams, compared to its previous closing price of Rs 96,000 per 10 grams.

Apart from this, silver prices increased by Rs 1,900 to Rs 99,400 per kg. On Tuesday, silver had closed at Rs 97,500 per kg.

“Gold once again rallied strongly… MCX gold touched a historic high of Rs 95,000 while COMEX gold crossed $3,300, indicating strong safe-haven demand,” said Jatin Trivedi, Vice President (Research Analyst) of Commodities and Currencies, LKP Securities.

Trivedi said the rise was due to geopolitical uncertainty and the absence of any constructive progress in tariff talks between the US and China. Unless there is a tangible result of reducing tensions, gold is likely to remain at higher levels.

Globally, spot gold hit a record high of $3,318 an ounce. Later, it pared some gains and traded at $3,299.99 an ounce.

Silver rose nearly two percent to $32.86 an ounce in Asian trading hours.

Market participants are now monitoring macroeconomic data, including US retail sales and industrial production, for further signals on the US Federal Reserve’s interest rate cycle, said Sawmil Gandhi, senior commodity analyst at HDFC Securities.

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Know what is the latest rate of gold and silver in different cities. Let us tell you that the prices of gold and silver seem to be decreasing slightly yesterday and today. Know what is the price of gold and silver in which city today…

Know important things…
For your information, let us tell you that before buying gold, you should have accurate information about the price of gold. To know the price of gold and silver, you can check from the shops of your city. In this article, we are showing the updated day price of gold and silver as gold price.

Gold price in Mumbai
66,060 (22 carat)
72,060 (24 carat)

Jaipur
66,210 (22 carat)
72,210 (24 carat)

Gurugram
66,210 (22 carat)
71,870 (24 carat)

Meerut
66,210 (22 carat)
72,210 (24 carat)

Chandigarh
66,210 (22 carat)
72,210 (24 carat)

Noida
66,210 (22 carat)
71,870 (24 carat)

Delhi
66,210 (22 carat)
72,210 (24 carat)

Gold price in Lucknow
65,890 (22 carat)
72,210 (24 carat)

Gold price in Agra
66,210 (22 carat)
71,870 (24 carat)

Ghaziabad
66,210 (22 carat)
72,210 (24 carat)

Silver Price:
Today the price of one kg silver in India is Rs 84,100. For your information, the gold rates mentioned above are indicative and do not include GST, TCS and other charges. You can talk to your local jeweler for exact rates.

How to know the purity of gold:
Hall marks are given by ISO (Indian Standard Organization) to identify the purity of gold. 999 is written on 24 carat gold jewellery, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Mostly gold is sold in 22 carat, while some people also use 18 carat. Carat does not exceed 24, and the higher the carat, the purer the gold is.

Difference between 22 and 24 carat gold?
24 carat gold is 99.9% pure and 22 carat gold is approximately 91% pure. Jewelery is prepared by mixing 9% of different metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is luxurious, it cannot be made into jewellery. That’s why most shopkeepers sell gold in 22 carats.

Keep in mind the hallmark.
Before buying gold, you must keep in mind the quality of the gold. Customers should purchase only after seeing the hallmark mark. Hallmark is a government guarantee of gold, the Bureau of Indian Standards (BIS) determines the hallmark. The Hallmarking Scheme operates under the Bureau of Indian Standards Act, rules and regulations.

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Know the important things…
For your information, let us tell you that before buying gold, you should have accurate information about the price of gold. To know the price of gold and silver, you can check from the shops of your city. In this article, we are showing the updated day price of gold and silver as gold price.

Gold price in Mumbai
66,540 (22 carat)
72,590 (24 carat)

Jaipur
66,990 (22 carat)
72,740 (24 carat)

Gurugram
66,990 (22 carat)
72,740 (24 carat)

Meerut
66,990 (22 carat)
72,740 (24 carat)

Chandigarh
66,990 (22 carat)
72,740 (24 carat)

Noida
66,990 (22 carat)
72,740 (24 carat)

Delhi
66,990 (22 carat)
72,740 (24 carat)

Gold price in Lucknow
66,990 (22 carat)
72,740 (24 carat)

Gold price in Agra
66,990 (22 carat)
72,740 (24 carat)

Ghaziabad
66,990 (22 carat)
72,740 (24 carat)

Silver Price:
Today the price of one kg silver in India is Rs 83,400. For your information, the gold rates mentioned above are indicative and do not include GST, TCS and other charges. You can talk to your local jeweler for exact rates.

How to know the purity of gold:
Hall marks are given by ISO (Indian Standard Organization) to identify the purity of gold. 999 is written on 24 carat gold jewellery, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Mostly gold is sold in 22 carat, while some people also use 18 carat. Carat is not more than 24, and the higher the carat, the purer the gold is.

Difference between 22 and 24 carat gold?
24 carat gold is 99.9% pure and 22 carat gold is approximately 91% pure. Jewelery is prepared by mixing 9% of different metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is luxurious, it cannot be used to make jewellery. That’s why most shopkeepers sell gold in 22 carats.

Keep in mind the hallmark:
Before buying gold, you must keep in mind the quality of the gold. Customers should purchase only after seeing the hallmark mark. Hallmark is a government guarantee of gold, the Bureau of Indian Standards (BIS) determines the hallmark. The Hallmarking Scheme operates under the Bureau of Indian Standards Act, rules and regulations.

The post Gold Silver Price: Gold prices fell, silver also became cheaper, today 10 grams of gold will be available in the market at this rate. first appeared on Rightsofemployees.com.

Gold Silver New Rates : After touching the all-time high, gold fell by Rs 150 to Rs 69,900 per 10 grams in the bullion market of the national capital on Thursday due to falling prices of precious metals in the global markets. HDFC Securities gave this information.

In the last trading session, gold had closed at Rs 70,050 per 10 grams. The price of silver also fell by Rs 700 and closed at Rs 81,000 per kg. In the previous trading session, it had closed at Rs 81,700 per kg.

Saumil Gandhi, Research Analyst, HDFC Securities, said, ‘Taking cues from the strong trend in overseas markets, the spot price of 24 carat gold in Delhi markets was trading at Rs 69,900 per 10 grams, which is Rs 150 less than the previous closing price. .’ In the foreign market Comex, spot gold was trading at $ 2,287 an ounce, which is $ 10 less than the previous closing price.

Jatin Trivedi, Vice President (Research Analysis), LKP Securities, said, ‘As long as geopolitical tensions in West Asia and expectations of interest rate cuts persist, the current trend in gold is expected to continue.’ Along with this, silver was falling at $ 26.75 per ounce. In the last close it had closed at $ 27.05 an ounce.

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Gold Price Today Record High: The new financial year has started from today. Meanwhile, gold prices (gold price today) have reached a new record high. The price of gold and silver is touching the sky. After making a new lifetime high in the global market, gold price on MCX is at a new record in the domestic market too. The price of gold on Multi Commodity Exchange has reached the level of 68890.

Today , the price of gold on Multi Commodity Exchange is at the level of Rs 68890 per 10 grams with an increase of 1.76 percent. Apart from this, the price of silver is also up by 1 percent at Rs 75801 per kg. Gold prices opened with a rise in the domestic market. At the same time, Gold has touched a new record level as soon as it opened.

Effect of Fed’s soft stance

Due to the soft stance of the Federal Reserve in America, gold prices have reached new record levels in the global market as well as in the domestic market. The price of gold in the global market today is at a new lifetime high of $ 2,259 per ounce.

What are the reasons for the rise in gold prices?

At present, geopolitical tension is increasing in Central Asia, due to which gold prices are rising. The effect of the ongoing war between Russia and Ukraine in Europe is visible on gold prices. Apart from this, tension is continuously increasing after Hamas’ attack on Israel.

Amidst all these factors, gold is also getting support from the signals coming from the Central Bank Federal Reserve. In the recent discussion, the Federal Reserve has indicated three cuts in this financial year. At the same time, in India also RBI can cut repo rates about 2 times.

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Gold Silver Rate: On Wednesday, the price of gold rose by Rs 70 to Rs 66,320 per 10 grams in the bullion market of the national capital. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 66,250 per 10 grams. Silver price also increased by Rs 150 to close at Rs 76,650 per kg. In the previous trading session, it had closed at Rs 77,500 per kg.

HDFC Securities expert Saumil Gandhi said that the spot price of gold (24 carat) in Delhi markets was trading at Rs 66,320 per 10 grams, which has closed with an increase of Rs 70 from the previous closing price. He said a weak rupee in the domestic market pushed up gold prices, but demand remained weak.

In the international market Comex (commodity market), spot gold was trading at $ 2,154 an ounce, which is a fall of five dollars from the previous closing price. Spot gold fell to $2,154.24 an ounce as the dollar index rose along with US bond yields. Also, silver was marginally down at $ 24.84 an ounce. In last trading it was at $24.91 an ounce.

Jatin Trivedi, Head of Research, LKP Securities, said gold is trading in a tight range as investors await the US Federal Reserve’s rate cut in the evening.

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Gold-silver price 20 March 2024: Today i.e. on Wednesday, there has been an increase in the price of gold, while there has also been a rise in the prices of silver. The price of 22 carat gold in India is Rs 60,960. So, today the price of 24 carat gold in the market is Rs 66,490. Let us tell you that yesterday and today a record breaking increase in the prices of gold and silver is being seen. Know what is the price of gold and silver in which city today…

Know important things:

For your information, let us tell you that before buying gold, you should have accurate information about the price of gold. To know the price of gold and silver, you can check from the shops of your city. In this article, we are showing the updated day price of gold and silver as gold price.

22 and 24 carat gold price in Delhi

22 carat gold-per 10 gram- 60,960
24 carat gold price-per 10 gram- 66,490

Gold price in Lucknow:

Today in Lucknow, the capital of UP, 22 carat gold per 10 grams is Rs 60,960.
The rate of 24 carat gold per 10 grams in the capital is Rs 66,490.

Gold price in Mumbai

60,810 (22 carat)
66,340 (24 carat)

Gold price in Agra

60,960 (22 carat)
66,490 (24 carat)

Silver Price:

Today the price of one kg silver in India is Rs 77,400. For your information, the gold rates mentioned above are indicative and do not include GST, TCS and other charges. You can talk to your local jeweler for exact rates.

How to know the purity of gold:

Hall marks are given by ISO (Indian Standard Organization) to identify the purity of gold. 999 is written on 24 carat gold jewellery, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Mostly gold is sold in 22 carat, while some people also use 18 carat. Carat does not exceed 24, and the higher the carat, the purer the gold is.

Difference between 22 and 24 carat gold?

24 carat gold is 99.9% pure and 22 carat gold is approximately 91% pure. Jewelery is prepared by mixing 9% of different metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is luxurious, it cannot be made into jewellery. That’s why most shopkeepers sell gold in 22 carats.

Keep in mind the hallmark.

Before buying gold, you must keep in mind the quality of the gold. Customers should purchase only after seeing the hallmark mark. Hallmark is a government guarantee of gold, the Bureau of Indian Standards (BIS) determines the hallmark. The Hallmarking Scheme operates under the Bureau of Indian Standards Act, rules and regulations.

The post Gold Silver Price: There was a rise in the price of silver along with gold, today metal will be available at this rate first appeared on Rightsofemployees.com.

Gold-Silver Price: Gold and silver have become expensive in the Indian bullion market today, March 07, 2024. After becoming expensive, the price of gold has crossed Rs 65 thousand per 10 grams. At the same time, the price of silver is more than Rs 72 thousand per kg. At the national level, the price of 10 grams of 24 carat gold of 999 purity is Rs 65049. Whereas the price of 999 purity silver is Rs 72121.

According to India Bullion and Jewelers Association, on Wednesday evening the price of 24 carat pure gold was Rs 64493 per 10 grams, which has come down to Rs 65049 this morning. Similarly, both gold and silver have become expensive on the basis of purity.

What is the price of gold and silver today?

According to the official website ibjarates.com, this morning the price of ten grams of gold of 995 purity has increased to Rs 64789. At the same time, 10 grams of gold with 916 (22 carat) purity has become worth Rs 59584 today. Apart from this, the price of gold of 750 purity (18 carat) has come down to Rs 48786. At the same time, gold of 585 purity (14 carat) has become costlier today by Rs 38053. Apart from this, one kg silver of 999 purity has become worth Rs 72121 today.

Know the price of gold and silver by missed call

Apart from the holidays declared by the Central Government, rates are not issued by ibja on Saturdays and Sundays. To know the retail rates of 22 carat and 18 carat gold jewellery, you can give a missed call on 8955664433. Rates will be available through SMS within some time. Apart from this, you can check www.ibja.co or ibjarates.com for continuous updates.

How many rupees changed gold and silver today?

Let us tell you that the prices released by the Indian Bullion Jewelers Association provide information about the standard price of gold of different purities. All these prices are before tax and making charges. The rates issued by IBJA are universal across the country but their prices do not include GST. Let us tell you that while buying jewellery, the rates of gold or silver are higher because taxes are included.

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Know important things…

For your information, let us tell you that before buying gold, you should have accurate information about the price of gold. To know the price of gold and silver, you can check from the shops of your city. In this article, we are showing the updated day price of gold and silver as gold price.

22 and 24 carat gold price in Delhi

22 carat gold-per 10 grams- 57,340
Price of 24 carat gold-per 10 grams- 62,540

Gold price in lucknow

Today in Lucknow, the capital of UP, 22 carat gold per 10 grams is Rs 57,340.
The rate of 24 carat gold in the capital is Rs 62,540 per 10 grams.

Gold prices in mumbai

57,190 (22 carat)
62,390 (24 carat)

Gold price in agra

57,340 (22 carat)
62,540 (24 carat)

Silver prices

Today the price of one kg silver in India is Rs 76,400. For your information, the gold rates mentioned above are indicative and do not include GST, TCS and other charges. You can talk to your local jeweler for exact rates.

How to know the purity of gold

Hall marks are given by ISO (Indian Standard Organization) to identify the purity of gold. 999 is written on 24 carat gold jewellery, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Mostly gold is sold in 22 carat, while some people also use 18 carat. Carat does not exceed 24, and the higher the carat, the purer the gold is.

Difference between 22 and 24 carat gold?

24 carat gold is 99.9% pure and 22 carat gold is approximately 91% pure. Jewelery is prepared by mixing 9% of different metals like copper, silver, zinc in 22 carat gold. While 24 carat gold is luxurious, it cannot be made into jewellery. That’s why most shopkeepers sell gold in 22 carats.

Pay attention to Hallmark

Before buying gold, you must keep in mind the quality of it. Customers should purchase only after seeing the hallmark mark. Hallmark is a government guarantee of gold, the Bureau of Indian Standards (BIS) determines the hallmark. The Hallmarking Scheme operates under the Bureau of Indian Standards Act, rules and regulations.

The post Gold and silver prices slipped to this price, know what are the rates of metal in your city. first appeared on Rightsofemployees.com.

Gold Silver Price 16 February 2024: While gold has become cheaper today, silver has become expensive in all the cities including Delhi, Mumbai, Gorakhpur, Lucknow, Jaipur, Indore, Kolkata, Jaipur and Patna. Today i.e. on Friday, an increase of Rs 176 per 10 grams has been recorded in the average rate of 24 carat gold. At the same time, a decline of Rs 733 per kg is being seen in the price of silver. Today silver rates opened at Rs 70203 per kg.

According to the new rate of IBJA, now gold is cheaper by Rs 2121 from its all-time high of Rs 63805 on December 4, 2023. Today, on Friday, February 16, the average price of 23 carat gold in the bullion market has now become costlier by Rs 175 and reached Rs 61684 per 10 grams. Whereas, 22 carat gold has now become costlier by Rs 162 per 10 grams and has reached Rs 56341 per 10 grams.

These rates of gold and silver have been issued by India Bullion and Jewelers Association (IBJA). GST and jewelery making charges are not applicable on this rate. It is possible that gold and silver may be costlier by Rs 1000 to 2000 in your city.

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Gold Silver Price: Due to good global signals, the bullion market continues to rise. The prices of gold and silver are also increasing on Friday. Because there is a softening in the dollar index and American bond yields. As a result, gold prices are soft in foreign and domestic markets. The price of gold has crossed Rs 62500 per 10 grams in early trade.

Gold price in domestic market

There is a rise in gold and silver in the domestic futures market. The gold rate on MCX is trading at Rs 62530 per 10 grams with a rise of about Rs 100. The price of silver is also trading with a slight increase of Rs 70. The price of silver on MCX is trading at Rs 75150 per kg.

Gold and silver in foreign markets

The prices of gold and silver are increasing in the international spot market. The price of gold has reached a 10-day high. The rate of gold on COMEX is trading at $ 2050 per ons. The price of silver is also trading near $24.50 per ons.

Why is there a rise in gold and silver?

The reason for the rise in gold and silver is the US FED keeping the interest rates stable and indicating further cuts. Due to this the dollar index has slipped below 102. The 10-year bond yield has also slipped below 4 percent. As a result, gold and silver prices are getting support.

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A continuous decline is being seen in the price of gold and silver. Gold, which reached close to 62,000 in the beginning of May, has now fallen below 60,000. A day before on Tuesday also there was a decline in gold and silver. The same trend continued on Wednesday as well. In the first week of May, gold climbed up to Rs 61739 and silver reached Rs 77280 per kg.

Softening in the rate of gold and silver

There is a slight increase in the rates of both the metals on the Multi Commodity Exchange (MCX). But the situation in the bullion market remains upside down. Even on MCX, the gold rate is running below Rs.60,000. Silver is running at the level of Rs 72,000. In the recent situation, even though a decline is being seen in the price of gold and silver. But experts are expecting a rise in the rates of both the precious metals in the coming times.

Rise in the rate of gold and silver on MCX

On Wednesday, a rise in the rate of gold and silver is being seen on the Multi-Commodity Exchange (MCX). On MCX on Wednesday, gold rose by Rs 53 to Rs 59271 per 10 grams and silver climbed Rs 315 to Rs 72409 per kg. Earlier on Tuesday, gold had closed at Rs 59218 and silver at Rs 72554 per kg on MCX.

The prices of broken gold and silver bullion market are published on https://ibjarates.com . Apart from the rate issued on the website, you have to pay GST and making charge at the time of purchase. On Wednesday, the price of gold fell by Rs 500 in the bullion market and reached Rs 59347 per 10 grams. Similarly, silver fell by Rs 1000 to reach the level of Rs 72173 per kg.

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Gold and silver prices continue to fluctuate amid the wedding season. As compared to Wednesday, the trend of gold in the bullion markets is already warmer and that of silver is looking softer. On the other hand, there is softening in the price of gold and silver on MCX.

Today, 24 carat gold became costlier by just Rs 44 in bullion markets and opened at the rate of Rs 61539 per 10 grams. Whereas, its futures price on MCX was trading down 0.20 percent at 61150. Similarly, in bullion markets, silver opened at Rs 75688 with a fall of Rs 573 per kg. On the other hand, silver was trading at Rs 75888 on MCX.

Gold is now cheaper by Rs 200 from its all-time high in bullion markets. Let us tell you that on May 6, the spot price of 24-carat gold had reached an all-time high of Rs 61,739 in bullion markets. GST and jewelery making charges are not applicable on this rate of gold and silver.

Metal latest rate Rs per 10 grams 3 percent GST market rate rate after jeweler’s profit

Gold 999 (24 Carat) 61539 1846.17 63,385.17 69,723.69
Gold 995 (23 Carat) 61293 1838.79 63,131.79 69,444.97
Gold 916 (22 Carat) 56369 1691.07 58,060.07 63,866.08
Gold 750 (18 Carat) 46154 1384.62 47,538.62 52,292.48
Gold 585 ( 14 Carat) 36000 1080 37,080.00 40,788.00
Silver 999 75688 (Rs/Kg) 2270.64 77,958.64 85,754.50

Why gold price fell on MCX: After the release of Labor Department’s report on Consumer Price Inflation in April, gold prices on MCX declined marginally today and came down to 61150. The report showed that its consumer price index climbed 0.4% in April after rising 0.1% in March.

Core consumer prices, excluding food and energy prices, also rose 0.4% in April, matching the increase seen in March as well as economists’ estimates. The annual rate of consumer price growth declined to 4.9% in April from 5.0% in March, while the annual rate of core consumer price growth also declined from 5.6% in March to 5.5% in April. This slight decline matches the estimates of economists.

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