Both gold and silver have been important in Indian tradition and culture. They are normally bought on marriages, festivals and other reasons for importance. Recently, gold and silver prices came down a bit and relief to investors and consumers. Today, 25th November 2024, new rates of gold and silver have been announced in several states.
This article will provide all such new prices so that you can finally make your decision. There are many factors influencing gold prices like the international markets, local demand, and exchange rates in countries. Thus, this article will go through current price for gold and silver and analyze its fluctuations.
These are the prices of gold and silver as on today:
22 carat gold price ₹66,250 per 10 grams
24 carat gold price ₹72,280 per 10 grams
Silver price ₹92,000 per kg
Market volatility Slight volatility in the last week
Price in major Cities Delhi, Mumbai, Kolkata, Bengaluru etc
City 22 carat gold price (₹/10 grams) 24 carat gold price (₹/10 grams)
Delhi ₹66,250 ₹72,280
Mumbai ₹66,250 ₹72,280
Ahmedabad ₹66,300 ₹72,320
Chennai ₹66,350 ₹72,350
Kolkata ₹66,250 ₹72,280
Pune ₹66,250 ₹72,280
Bengaluru ₹66,300 ₹72,320
Jaipur ₹66,350 ₹72,350
Silver Prices Silver is another important metal since it is very much used in industrial applications besides jewelry. Here are the prices of silver today:
Silver (1 kg): ₹92,000 Silver (1 gram): ₹92
Benefits of buying gold and silver
Gold and silver have not only different benefits as investments but many more other benefits:
Safe investment: Gold has always been considered a safe investment.
Financial security: Gold can prove to be a good option in marriage or other functions.
Price appreciation: The value of gold and silver has increased over the years.
Before buying things
Consider the following things while buying gold or silver:
Purity: Always check pureness certificate.
Price: Don’t pay excess from market price.
Shop selection: Only buy from reputed jewelers.
Possible future rates of gold and silver
According to experts, gold and silver prices will keep fluctuating in the distant future. It can be on an account of various global economic conditions and political happenings. So, the investor should be quite serious and keep checking with the market trends.
Conclusion
Until now, gold and silver prices in India have been reduced. There could be slight variation in cities but overall remains an important option in investing. If you are thinking of buying gold or silver at this time, the right time is important in your decision.
Disclaimer: These data are based on market conditions prevailing at the window. Gold-silver prices keep changing every day, so consulting the latest data before making purchases is always wise. An expert advice on any finance-related decision will be better.