Gold Price Big Update: Gold and silver are precious metals that have always been essential to our lives. Be it a wedding or a festival, the shine of gold and silver makes every occasion more memorable. But nowadays, the commoner is shocked to hear their prices! The ever-increasing prices have significantly impacted the pockets of those who buy jewellery. So let’s know what the price of gold and silver in your city today is and the reasons for this rise.
Why are gold and silver prices rising?
Due to many reasons, such as the dollar’s weakness in the international market and the trade policies of America, the prices of gold and silver are rising. Experts believe that in the coming days, gold can also cross the figure of ₹ 90,000 per 10 grams.
What is the price of gold today?
According to ibjarates.com, 995 purity gold was ₹ 85654 per 10 grams this morning. At the same time, the cost of 916 (22 carat) gold was ₹ 78774 per 10 grams. 750 (18 carat) gold was sold at ₹ 64499 per 10 grams, and 585 (14 carat) gold was sold at ₹ 50309 per 10 grams. Talking about silver, its price was ₹ 97953 per kg.
Note: The rates issued by the Indian Bullion Jewelers Association are valid all over the country, but GST is not included in them. Prices increase after tax is imposed while buying jewellery.
Gold price in your city
Gold prices may vary slightly in different cities. Here are today’s prices for some major cities:
Delhi: 24 carat: ₹87320, 22 carat: ₹80060 per 10 grams
Kolkata: 24 carat: ₹87170, 22 carat: ₹79910 per 10 grams
Chennai: 24 carat: ₹87170, 22 carat: ₹79910 per 10 grams
Mumbai: 24 carat: ₹87170, 22 carat: ₹79910 per 10 grams
Jaipur: 24 carat: ₹87320, 22 carat: ₹80060 per 10 grams
Lucknow: 24 carat: ₹87320, 22 carat: ₹80060 per 10 grams
Chandigarh: 24 carat: ₹87320, 22 carat: ₹80060 per 10 grams
Hyderabad: 24 carat: ₹87170, 22 carat: ₹79910 per 10 grams
Bhopal: 24 carat: ₹87220, 22 carat: ₹79960 per 10 grams
Ahmedabad: 24 carat: ₹87220, 22 carat: ₹79960 per 10 grams
Should I buy gold or not?
Investing in gold is considered a good option, but given the constant price fluctuations, it is essential to analyze the market before buying.