Gold-Silver Price Today in India: Gold and silver prices in India touched new highs today, supported by strong global cues and local festive demand. The prices are moving upward as investors are expecting a U.S. interest rate cut and the dollar remains weak. This trend is making both gold and silver highly attractive for buyers and investors in India.
Gold Price in India (Per 10 Grams)
- 24 Carat Gold: ₹1,11,280
- 22 Carat Gold: ₹1,02,000
- 18 Carat Gold: ₹83,460
Gold rates are higher compared to the last week, and this marks a new record for the yellow metal.
Silver Price in India
Silver Rate: ₹1,32,000
Silver also saw a big jump today, crossing the ₹1.3 lakh mark for the first time.
City | 24K Gold (10g) | Silver (1kg) |
---|---|---|
Mumbai | ₹1,09,760 | ₹1,27,930 |
Delhi | ₹1,09,570 | ₹1,27,710 |
Chennai | ₹1,10,130 | ₹1,28,340 |
Bengaluru | ₹1,09,850 | ₹1,28,030 |
Why Prices Are Rising
- Global investors expect a U.S. Federal Reserve rate cut.
- A weaker U.S. dollar supports higher gold demand.
- Indian festive and wedding season is increasing jewellery purchases.
- Gold and silver are considered safe assets during market uncertainty.
Conclusion
Gold and silver prices in India continue to remain at record highs. With strong demand and global support, rates may stay firm or rise further in the coming days. Buyers are advised to compare local prices before purchasing and consider long-term investment benefits.
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