Now the wedding season has started. In such a situation, people buy a lot of gold and silver. If you are also thinking of buying gold and silver jewellery, then this is the right time for you. While the price of silver had reached Rs 1 lakh during the festive season, it has fallen by Rs 11,000. Similarly, gold crossed Rs 80,000, which has now fallen to around Rs 75,000. The fall in gold and silver can be a great buying opportunity for you.
In line with international market trends, gold prices in India fell below Rs 76,000 per 10 grams on November 15. The price of 24 carat gold, known for its high purity, fell to Rs 75,790 per 10 grams on Friday. For jewelery buyers, 22 carat gold is more durable due to its alloy composition. Today the price of 22 carat gold has fallen below Rs 70,000 to Rs 69,490 per 10 grams. Today the price of silver has also fallen by Rs 1,500 to Rs 89,400 per kg.
City | 22 carat gold price | 24 carat gold price |
Delhi | 69,490 | 75,790 |
Mumbai | 69,340 | 75,640 |
Ahmedabad | 69,390 | 75,690 |
Chennai | 69,340 | 75,640 |
Kolkata | 69,340 | 75,640 |
This year has seen a huge increase in the prices of gold. On one hand, after the government announced the removal of customs duty on gold and silver during the announcement of the first budget of Modi 3.0, the price of gold has increased so much that it has broken all records and reached its peak. Only in the second month. But for the last two weeks there has been a huge decline in the price of gold. On Thursday itself, the price of 10 grams of 24 carat gold fell by more than Rs 700 on the Multi Commodity Exchange (MCX).
The price of gold fell so much in two weeks!
Changes have been seen in the prices of gold on MCX in the last two weeks, at the beginning of the month i.e. on November 1, the price of gold with expiry of December 5 was at Rs 78,867 per 10 grams, but on Thursday, November 14, 2024, it fell to Rs 73,750. Came to Rs per 10 grams. According to this, between November 1 and 14, the price of gold has fallen drastically and it has become Rs 5,117 per 10 grams.