By Gold & silver prices refer to the current market value of these precious metals. They are influenced by various factors including economic conditions, geopolitical events, supply and demand dynamics, and investor sentiment. Typically, gold and silver are considered safe-haven assets, meaning their prices may rise during times of economic uncertainty or instability. Investors often monitor these prices closely as they can serve as indicators of broader market trends and sentiment.
“Analyzing Trends: Gold & Silver Prices”
Gold prices are soaring to unprecedented levels, with the price of 24 carat 10 gram gold crossing the 66 thousand mark. Despite this, wedding season sales remain robust, driven by sentiment towards gold investment. Traders assert that even without auspicious dates, gold prices will hold steady. Business experts predict a gradual increase in gold prices, though recent fluctuations have seen a slight decrease.
Here are the latest Gold & silver prices in major cities:
Gold prices are as follows:
- Delhi: 22 carat 10 gram gold is priced at Rs. 60,740, while 24 carat gold is at Rs. 66,250.
- Mumbai: 22 carat pasidi is Rs. 60,590, and 24 carat is Rs. 66,100.
- Chennai: 22 carat gold rate is Rs. 61,240, and 24 carat is Rs. 66,810.
- Bangalore: 22 carat gold price is Rs. 60,590, and 24 carat is Rs. 66,100.
- Kerala: 22 carat gold rate is Rs. 60,590, and 24 carat is Rs. 66,100.
- Hyderabad: 22 carat gold rate is Rs. 60,590, and 24 carat is Rs. 66,100.
- Vijayawada & Visakhapatnam: 22 carat gold is Rs. 60,590, and 24 carat is Rs. 66,100.
Silver prices are as follows:
- Hyderabad: Rs. 79,900 per kg
- Vijayawada: Rs. 79,900 per kg
- Visakhapatnam: Rs. 79,900 per kg
- Chennai: Rs. 79,900 per kg
- Delhi: Rs. 76,900 per kg
- Mumbai: Rs. 76,900 per kg
- Kerala: Rs. 79,900 per kg
- Bangalore: Rs. 76,100 per kg
