The prices of gold and silver have increased during the wedding season. The price of 24 carat gold has increased by Rs 451 to Rs 76738 per 10 grams, while the price of silver has also increased. These ups and downs are being seen in many cities of India.
Due to the wedding season, the prices of gold and silver are once again rising. Gold prices are increasing in the Indian bullion markets, affecting both common customers and investors.
Today the price of 24 carat gold has increased by Rs 451, while the price of silver has also seen a big rise. These fluctuations in gold and silver prices vary across cities in India, but the latest data shows that the prices of both the metals are increasing at the national level.
There was a rise in gold prices
Today the price of 24 carat gold has increased by Rs 451 to Rs 76738 per 10 grams. Apart from this, the price of 23 carat gold has also increased by Rs 450, which has now become Rs 76431 per 10 grams.
The price of 22 carat gold has increased by Rs 413 to Rs 70292 per 10 grams. The price of 18 carat gold has increased by Rs 339 to Rs 57555 per ten grams.
Silver prices also rise
A big increase is also being seen in the prices of silver. On November 29, the price of silver increased by Rs 1346 per kg and opened at Rs 89250. Today, the price of silver has become cheaper by Rs 9090 as compared to October 30, because on October 30, the price of silver was Rs 98340 per kg.
Fluctuations in silver prices are often an important signal for the Indian markets. An increase in its demand is seen during the wedding season.
Gold and silver prices in many cities of India
- Delhi (Gold Rate In Delhi): Today the price of gold in Delhi bullion market is Rs 77513 per 10 grams, while the price of silver is Rs 92500 per kg.
- Chennai (Gold Rate In Chennai): In Chennai, gold price is Rs 77361 per 10 grams and silver price is Rs 100600 per kg.
- Mumbai (Gold Rate In Mumbai): In Mumbai, gold price is Rs 77367 per 10 grams and silver price is Rs 91800 per kg.
- Kolkata (Gold Rate In Kolkata): In Kolkata, gold price is Rs 77365 per 10 grams and silver price is Rs 93300 per kg.
Reason for fluctuations in gold and silver prices
At present, the main reason for the rise in gold and silver prices is the wedding season and festive season. In India, huge purchases of gold and silver are made during weddings, which increases the demand for these metals. Apart from this, global economic conditions such as the value of the dollar, fluctuations in the global gold market and domestic demand also affect these prices.
What should investors and buyers do?
With the rise in gold and silver prices, investors are advised to be cautious. People who are thinking of investing in these metals should seek expert advice, as prices can change suddenly. This may be the right time for common buyers. If, they are planning to buy jewelery during the wedding season.
