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Latest Gold, Silver Rates: Gold Price Skyrockets; Silver Rate Declines!

By Shravanthi R
Latest Gold, Silver Rates: Gold Price Skyrockets; Silver Rate Declines!

In India, gold and silver prices are influenced by the international market. It is reported that both have moved in opposite directions, showing fluctuations.

The price of gold has soared to record highs in the Indian market, driven by its intensified demand as a safe-haven asset amidst global uncertainties and the impact of US tariffs. Conversely, silver prices have experienced a continuous decline.

The prices of gold and silver in India are heavily influenced by the international market, and currently, the two precious metals are moving in opposite directions, witnessing significant volatility.

While the price of gold has been on a rocket-like ascent, continuously hitting record levels, the price of silver has consistently dropped. Despite the skyrocketing prices, demand for gold in the market remains robust. The metal is rapidly gaining value as a preferred safe investment amid global instability and the fallout from US tariff hikes. Havells 9W LED B22 Bulb |Cool Day Light|Upto 4KV Surge Protection |High Voltage Protection |Eco Friendly|Energy Efficient |Premium and Beautiful Lighting for Home and Office| Made in India|Pack of 10

Major cities, including Delhi and Bengaluru, have recorded sharp jumps in gold prices. According to the data provided for Bengaluru:

  • The price of 24-Karat Gold is ₹13,277 per gram.

  • The price of 22-Karat Gold is ₹12,170 per gram.

  • The price of 18-Karat Gold is ₹9,958 per gram.

In contrast, the price of silver has fallen by ₹4,000 per kilogram. The silver rate in the city is reported to be ₹193 per gram, or ₹1,93,900 per kilogram. Also Read: BK Hariprasad's Indirect Retort to Sudha Murty..!!