Gold and Silver Price Today in India

As soon as the market was open, gold and silver prices witnessed a huge jump as soon as the market was open. According to the India Bullion and Jewelers Association (IBJA), the price of 24 carat gold has reached ₹ 93,353 per 10 grams today, which was ₹ 90,161 last Friday. At the same time, the price of silver has also jumped to ₹ 92,929 per kg, while last time it closed at ₹ 90,669.

Significantly, due to the closure of the market on Saturday, Sunday and Monday, these prices have been shown directly at the time of opening on Tuesday after three days. There may be a change in the price throughout the day, but at the moment this is the fresh position of the market opening.

Today’s gold prices according to different carats

Purity (carat) Today’s sentiment (10 grams per)
Gold 999 (24K) ₹ 93,353
Gold 995 ₹ 92,979
Gold 916 (22k) ₹ 85,511
Gold 750 (18K) ₹ 70,015
Gold 585 (14K) ₹ 54,612
Silver 999 (Silver) ₹ 92,929 per kg

City wise gold price – know what is going on in your city

The price of 22 carats and 24 carat gold in major cities of India was as follows:

City name 22 carat gold 24 carat gold 18 carat gold
Chennai ₹ 87,690 ₹ 95,660 ₹ 72,590
Mumbai ₹ 87,690 ₹ 95,660 ₹ 71,750
Delhi ₹ 87,840 ₹ 95,810 ₹ 71,870
Kolkata ₹ 87,690 ₹ 95,660 ₹ 71,750
Ahmedabad ₹ 87,740 ₹ 95,690 ₹ 71,790
Jaipur ₹ 87,840 ₹ 95,810 ₹ 71,870
Patna ₹ 87,740 ₹ 95,690 ₹ 71,790
Lucknow ₹ 87,840 ₹ 95,810 ₹ 71,870
Ghaziabad ₹ 87,840 ₹ 95,810 ₹ 71,870
Noida ₹ 87,840 ₹ 95,810 ₹ 71,870
Ayodhya ₹ 87,840 ₹ 95,810 ₹ 71,870
Gurugram ₹ 87,840 ₹ 95,810 ₹ 71,870
Chandigarh ₹ 87,840 ₹ 95,810 ₹ 71,870

What factor do gold prices affect?

Gold and silver prices in India do not depend on domestic demand or festivals. There are many international and domestic factors behind this:

  • International gold prices: Gold rates in the global market directly affect.
  • Dollar-Rupaya Exchange Rate: If the dollar is strong, imports are expensive, increasing the price of gold.
  • Import duty and tax: The fees levied by the government directly affect the market rates.
  • Local demand and supply: Prices rise in festivals and wedding season due to increase in demand.
  • Socio-cultural importance: Gold in India is not only a metal, but also a source of traditional and investment.

 

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Rahul Dev

Cricket Jounralist at Newsdesk

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