Gold Price Today: Today, the price of gold in India has undergone an unprecedented rise and become very expensive for any potential buyers. The price of 10 grams of 24-carat gold has risen by ₹1,700 during the past week, while that of 22-carat gold has gone up by ₹1,550 per 10 grams. If this trend continues, buying gold could become a distant dream for many.
Last February 23, the price of 10 grams of 24-carat gold in Delhi stood at ₹87,920. Here are the latest gold rates from ten major cities across the country today:
Gold Rates in Major Cities:
Gold Rate in Delhi
- 24-carat gold: ₹87,920 per 10 grams
- 22-carat gold: ₹80,600 per 10 grams
Gold Rate in Mumbai, Chennai, and Kolkata
- 22-carat gold: ₹80,450 per 10 grams
- 24-carat gold: ₹87,770 per 10 grams
Gold Rate in Jaipur, Lucknow, and Chandigarh
- 24-carat gold: ₹87,920 per 10 grams
- 22-carat gold: ₹80,600 per 10 grams
Gold Rate in Hyderabad
- 22-carat gold: ₹80,450 per 10 grams
- 24-carat gold: ₹87,770 per 10 grams
Gold Rate in Bhopal and Ahmedabad
- 22-carat gold: ₹80,500 per 10 grams
- 24-carat gold: ₹87,820 per 10 grams
Silver Rate Today
On the other hand, price movements have also been recorded in silver over the past week. Silver is priced at ₹1,00,500 on February 23, although there was a drop of ₹300 on Friday, February 21, in the Delhi bullion market to ₹1 lakh per kg. In the Indore bullion market, however, silver prices recorded a dip of ₹500 per kg, which means that the average price has now come down to ₹97,200 per kg.
Conclusion
As gold and silver continue to be on a volatile and upward trend, it is advised that investors and buyers remain in the know of market conditions. With this continued bullish sentiment, many may find buying gold increasingly difficult in the weeks to come.