As the auspicious month of Aashada unfolds, gold and silver prices are witnessing significant fluctuations, prompting consumers to closely monitor market trends before making purchases. While demand for both metals continues to rise, particularly for silver due to increased investment activity, experts suggest that gold prices may gradually dip in the near future despite current highs.
Gold Price Surge Across Major Cities:
Gold prices have seen a sharp rise of ₹600 per 10 grams for 22-carat gold across various metro cities in India. Here's a snapshot of today's rates:
Chennai, Kolkata, Bengaluru, Hyderabad, Pune, Mumbai: ₹91,700 for 10g (22-carat)
Ahmedabad, Vadodara: ₹91,750
Delhi: ₹91,850
24-carat gold rates:
1 gram – ₹10,004
8 grams – ₹80,032
10 grams – ₹1,00,040
100 grams – ₹10,00,400
Silver Price Hike Mirrors Gold:
Silver has also seen a notable surge in rates, with a ₹2,100 jump per kg.
10 grams – ₹1,160
100 grams – ₹11,600
1,000 grams (1 kg) – ₹1,16,000
Market experts believe that while prices are currently on the rise due to strong demand, there could be a gradual decline in gold prices in the coming weeks, offering potential buyers some relief.
Stay updated before you make that festive-season investment!