Today 27 December 2024, Friday A rise in gold prices was seen across the country.
- 24 karat gold: Trading around ₹77,800 per 10 grams.
- 22 carat gold: Around ₹71,300 per 10 grams.
Tomorrow, 26th December To Christmas due to bullion market be closed. Let us know, today’s Latest prices of gold and silver.
Today’s Silver Price (27 December 2024)
- Price of one kilogram silver: ₹91,600,
- Silver price compared to yesterday ₹100 gain Was recorded.
condition of Delhi bullion market
of Delhi on Thursday bullion market There was a strengthening in the prices of gold and silver.
- Sleep: With an increase of ₹250 ₹78,850 per 10 grams But reached.
- Silver: With an increase of ₹300 ₹90,800 per kg But.
- Positive trends in the global market and weakness of the dollar are being considered as the reason for this rise in prices.
Reasons for gold’s rise
Commodity Expert Jatin Trivedi (LKP Securities) According to:
- US Federal Reserve: The possibility of interest rate cuts supported the market.
- Global Market: gold futures on comex $2,644.60 per ounce Is trading at, with a gain of $9.10.
- Despite the holidays, the gold and silver markets remained strong.
27 December 2024: Gold prices in major cities
city name | 22 carat gold (₹/10 grams) | 24 carat gold (₹/10 grams) |
---|---|---|
Delhi | ₹71,400 | ₹77,880 |
Noida | ₹71,400 | ₹77,880 |
Ghaziabad | ₹71,400 | ₹77,880 |
Jaipur | ₹71,400 | ₹77,880 |
Gurgaon | ₹71,400 | ₹77,880 |
Lucknow | ₹71,400 | ₹77,880 |
Mumbai | ₹71,250 | ₹77,730 |
Kolkata | ₹71,250 | ₹77,730 |
Patna | ₹71,300 | ₹77,800 |
Ahmedabad | ₹71,300 | ₹77,800 |
Bhubaneswar | ₹71,250 | ₹77,730 |
Bengaluru | ₹71,250 | ₹77,730 |
How is the price of gold and silver decided?
Gold and silver prices depend on many factors:
- Local Demand: Prices are affected by increase or decrease in domestic demand.
- International market:
- US dollar status.
- Trends in the global bullion market.
- Federal Reserve Interest Rates: The demand for gold and silver from investors increases or decreases due to changes in interest rates.
- US Economy: Weak economic signals make gold a safe investment.