Gold Silver Price: There is a continuous increase in the prices of gold and silver amid expectations of interest rate cut from the US Federal Reserve. In the capital Delhi, 24 carat gold per 10 grams has become costlier by Rs 10, while 22 carat gold also went up by Rs 10. In the last two days, the price of 24 carat gold has increased by Rs 660 and that of 22 carat gold by Rs 610.
Silver prices also increased for the second consecutive day. Silver has become costlier by Rs 3,100 per kg in Delhi. Today silver is being sold at Rs 1,88,100 per kg in Delhi. In Chennai, silver is the most expensive at Rs 1,96,100 per kg, while in Mumbai and Kolkata it is stable at Rs 1,88,100.
| City | 22 carat gold | 24 carat gold |
|---|---|---|
| Delhi | 1,19,760 | 1,30,640 |
| Mumbai | 1,19,610 | 1,30,490 |
| Kolkata | 1,19,610 | 1,30,490 |
| Chennai | 1,20,710 | 1,31,680 |
| Bengaluru | 1,19,610 | 1,30,490 |
| Hyderabad | 1,19,610 | 1,30,490 |
| Lucknow | 1,19,760 | 1,30,640 |
| Patna | 1,19,660 | 1,30,540 |
| Jaipur | 1,19,760 | 1,30,640 |
Gold and silver prices are important signals for investors. Changes in interest rates and global economic conditions affect their prices. Wedding season is going on, so if you are thinking of buying jewelery or investing money in gold and silver for investment purposes, then it is important to pay attention to these trends.
Nearly 70% of global institutional investors surveyed by Goldman Sachs believe that gold prices will continue to rise in the year 2026 and will reach new highs.
On December 1, there was a tremendous rise in gold, which reached its highest level in almost six weeks. Expectations of US interest rate cuts supported gold. More than 900 clients provided predictions in the survey.
36% believe that the price of gold will be above $1,000 per ounce by the end of 2026. About one-third expect gold to be between $500–$500.
Contact to : xlf550402@gmail.com
Copyright © boyuanhulian 2020 - 2023. All Right Reserved.