Gold Price Update: There has been a lot of upheaval in the prices of gold and silver lately. The prices of gold are touching the sky! Everyone is surprised. How did gold become so expensive? Women are in trouble. The wedding season is going on, and it is not easy to buy gold and silver. There was a time when the price of 24-carat gold used to be around Rs 65 thousand, but now it has crossed Rs 85 thousand!
Why are gold prices increasing?
Due to instability in the stock market and fear of global recession, investors are considering gold as a safe investment, which is why prices are rising. There was a jump in the price of gold on Tuesday as well. Today, gold has reached around Rs 86 thousand, while the cost of silver has come down slightly. The cost of silver has reached Rs 94410 per kg. Let’s know today’s price of 223-carat 22-carat and 18-carat gold:
What is today’s gold price?
According to the official website of ibjarates.com, today, 995 purity gold is Rs 85559 per 10 grams. At the same time, the cost of 916 (22 carat) purity gold is Rs 78687 per 10 grams. The pcostof 750 (18 carat) purity gold is Rs 64427 per 10 grams. Meanwhile, t85 (14 carat) purity gold is Rs 50253 per 10 grams. The cost of silver is Rs 94410.
How is the price of gold decided?
The price of gold in India varies for many reasons, such as international market prices, government taxes, and fluctuations in the value of the rupee. Gold is not only a means of investment but has also become an essential part of our culture. The demand for gold and silver increases a lot during weddings and festivals. Many people also invest in gold.
Gold rate in Delhi:
22-carat gold: Rs 79,960 / 10 grams
24-carat gold: Rs 87,220 / 10 grams
Gold rate in Chennai:
22-carat gold: Rs 79,810 / 10 grams
24-carat gold: Rs 87,070 / 10 grams
Gold rate in Mumbai:
22-carat gold: Rs 79,810 / 10 grams
24-carat gold: Rs 87,070 / 10 grams
Gold rate in Kolkata:
22-carat gold: Rs 79,810 / 10 grams
24-carat gold: Rs 87,070 / 10 grams
The gold rates given in the article are as per ibjarates.com. However, gold prices vary from city to city and with time. So, always confirm prices with a local jeweller before making a purchase. We have done due diligence on the prices, but confirming is still important.