On Thursday morning, 24-carat gold decreased by ₹10, with ten grams available for ₹73,210.
Silver also dipped to ₹100, with one kilogram priced at ₹86,900.
Similarly, the 22-carat gold price dropped by ₹10, with ten grams now trading at ₹67,110.
Internationally, the COMEX price of gold plunged by 0.37% to open at $2,549.90 per ounce.
These price changes show how gold and silver can be affected by market shifts. The drop in gold prices might be a chance for buyers to purchase at a lower rate, while the increase in silver prices may lead to new investment opportunities.
Geopolitical events, like conflicts or diplomatic issues, can lead to higher demand for gold as a safe investment, pushing its price.
Economic factors like inflation and interest rates also affect gold’s value.
Keeping a close track of global economic conditions, political news, and currency trends can help you make better decisions about investing in precious metals.
|
Cities |
24-carat (per gram) |
22-carat (per gram) |
Silver (per kg) |
|
Gold Rate in Hyderabad |
₹7,287 |
₹6,680 |
₹92,000 |
|
Gold Rate in Chennai |
₹7,287 |
₹6,680 |
₹92,000 |
|
Gold Rate in Delhi |
₹7,277 |
₹6,695 |
₹87,000 |
|
Gold Rate in Bangalore |
₹7,287 |
₹6,680 |
₹87,900 |
|
Gold Rate in Kolkata |
₹7,287 |
₹6,680 |
₹87,000 |