Now is the season for fancy events. Buying of gold and silver is seen more vigorously during marriages. As the day is passing, the prices of gold and silver are changing. Sometimes prices fall and sometimes prices rise. Today, results of assembly elections will be announced in some states of the country and by-elections in some places. Let us know how stable are all these prices of gold and silver.
What is the price of gold?
An increase in gold prices was also seen on Saturday, November 23. In most of the big cities of the country like Delhi, Mumbai, Patna, Jaipur, Lucknow, the price of 24 carat gold is trading above Rs 78,900. Whereas the price of 22 carat gold is trading above Rs 72,400. Compared to yesterday, the price of gold has increased by Rs 800 today. Gold prices are increasing due to increasing domestic demand in the country and international reasons. Most experts believe that the year 2025 will see a rise in gold prices.
What is the price of silver?
Talking about silver, the price of one kilogram of silver in the country is trading at Rs 92,000. Yesterday, silver prices rose in the local bullion market of Delhi and closed at Rs 93,300 per kg with a rise of Rs 300. All India Bullion Association gave this information.
| city name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 72,400 | 78,970 |
| Jaipur | 72,400 | 78,970 |
| Lucknow | 72,400 | 78,970 |
| Mumbai | 72,225 | 78,820 |
| Kolkata | 72,225 | 78,820 |
| Ahmedabad | 72,300 | 78,870 |
| Bengaluru | 72,225 | 78,820 |
Why is gold becoming expensive?
According to experts, gold has regained its lost position and a bullish trend is being seen in the market. Additionally, due to rising tensions between Russia and Ukraine, investors are ignoring the dollar’s strength and preferring gold as a safe haven.
