Rise in gold and silver prices: Gold reached ₹ 78,269 and silver ₹ 88,908 per kg.
Even today, We have seen a huge rise in the prices of gold and silver. Let us tell you, in the bullion markets, the price of 24 carat gold has increased by ₹ 241 per 10 grams to reach ₹ 78,269.
Along with this, silver has also raised an increase of ₹ 178 per kg and dealers are selling at the price of ₹ 88,908 per kg.
These prices has issued by the India Bullion and Jewelers Association (IBJA), which do not include GST. Prices may vary slightly due to transportation and other charges in local markets.
The rise in gold prices in the international market and increase in domestic demand consider as the main reasons for this surge in prices.
Although the prices releases by IBJA are a benchmark for the entire country, there is some variation in the prices due to local factors in different cities. There may be a difference.
Gold and silver prices in some major cities are as follows: Delhi: Gold ₹80,123 per 10 grams, Silver ₹95,500 per kg, Jaipur: Gold ₹80,116 per 10 grams, Lucknow: Gold ₹80,139 per 10 grams, Chandigarh: Gold ₹80,132 per 10 grams, Amritsar: Gold ₹80,240 per 10 grams.
Prices as per carat: According to IBJA, the prices of gold of different carats are as follows: 23 carat gold: ₹77,956 per 10 grams, 22 carat gold: ₹71,694 per 10 grams, 18 carat gold: ₹58,702 per 10 grams,14 carat gold: ₹45,787 per 10 grams.
Experts believe that investing in gold and silver can benefit in the long term. However, investors should keep an eye on the market conditions and invest wisely.
Gold is ₹1,412 cheaper and silver by ₹9,432 from its all-time high. On October 30, 2024, gold the market priced at ₹79,681 per 10 grams and silver at ₹98,340 per kg.
Disclaimer: This information has been taken from various sources and is for informational purposes only. Be sure to consult a financial advisor before investing.