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Gold and Silver Prices Rise in Bengaluru This Weekend

By Shravanthi R
Gold and Silver Prices Rise in Bengaluru This Weekend

Inflation is directly related to the prices of gold and silver. This is a major attraction for investors. The rise and fall of these prices is important not only for investment but also for the jewelry interests of ordinary people.

Bengaluru, November 23: Gold and silver prices recorded a sharp increase in the city over the weekend, continuing to attract investors as a hedge against inflation and rupee depreciation.

Today’s Rates in Bengaluru (per gram):

24-carat gold: ₹12,584 (↑ ₹125)

22-carat gold: ₹11,535 (↑ ₹125 approx.)

Silver: ₹164 (↑ ₹3)

Standard Buying Rates:10 grams of 24-carat gold: ₹1,25,840

10 grams of 22-carat gold: ₹1,15,350

100 grams of silver: ₹16,400

Across India, the price of 10 grams of 24-carat gold stands at ₹1,25,840, while 22-carat gold is priced at ₹1,15,350 per 10 grams. Silver remains uniform at ₹16,400 per 100 grams. realme C75 Smartphone 4+128GB Midnight, 6.67inch Screen, 120HZ Vision Display, 6000mAh Battery, 40MP Camera, MediaTek Dimensity 6300 Processor, IP64

Market experts attribute the latest jump to the weakening Indian rupee and sustained global demand. Gold prices have shown frequent fluctuations over the past ten days, making it a key focus for both investors and jewellery buyers. With the wedding and festive season approaching, analysts expect demand and prices to remain firm in the coming weeks. Also Read: New Labour Codes Implemented: Centre's Four Codes Enforced Amidst Protests Scheduled for Nov 26!