Gold Rate: Gold prices have reached a historic high even as the wedding season is underway in the state. According to the information received from the bullion market, today the price of gold has increased by almost 2 percent and the price of 10 grams of gold has crossed Rs 1.6 lakh for the first time. Today’s sudden surge after last two days of stability has raised concern among consumers and curiosity among investors.

According to goodreturns website, 24 carat gold price in India today was recorded at Rs 16,517 per gram. This rate is Rs 322 higher than yesterday. Similarly, the price of 22 carat gold is Rs 15,140 per gram, which has increased by Rs 295.

The price of 18 carat gold is Rs 12,388 per gram, up by Rs 242 from yesterday. As a result, the price of 24 carat gold rose to Rs 1,65,170 per tola, 22 carat to Rs 1,51,400 and 18 carat to around Rs 1,23,880.

Even in metros, gold prices are at a high level. Today in Chennai, the price of 24 carat gold is Rs 16,734 per gram, 22 carat is Rs 15,330 and 18 carat is Rs 12,785.

In Delhi, 24 carat gold is selling at Rs 16,530 per gram, 22 carat at Rs 15,155 and 18 carat at Rs 12,403 per gram. In Kolkata, prices are almost the same, with 24 carats priced at Rs 16,517, 22 carats at Rs 15,140 and 18 carats at Rs 12,388 per gram.

Meanwhile, silver prices have also increased. Silver price in India today is Rs 380 per gram, which has increased by Rs 10 compared to yesterday. The price of silver is Rs 380,000 per kg, an increase of Rs 10,000.

According to experts, the rise in the price of gold is due to international market developments, movement of dollar and increasing trend towards safe investments. However, the increased rates during Lagnasarai period are becoming a big financial stress for the common consumers.