Gold prices saw a modest increase today, with 24-carat gold priced at ₹80,803 per 10 grams in Delhi, marking a rise of ₹550 from yesterday. Meanwhile, silver rates also saw a notable uptick, reaching ₹98,700 per kilogram in the capital, up by ₹2,000 from the previous day.
Gold Prices: A Closer Look
The price of 24-carat gold in India stands at ₹8080.3 per gram, reflecting a daily increase of ₹550. In comparison, the price of 22-carat gold has risen to ₹7408.3 per gram, marking an increase of ₹500.
While gold prices have experienced fluctuations in recent weeks, the price of 24-carat gold has seen a slight decrease of -0.59% over the past week. However, the monthly change has been more substantial, with a decline of -2.65%.
Silver Rates: Rise Across Major Cities
Silver, another popular precious metal, has also seen an uptick in value. Today, the price of silver in India is ₹98,700 per kilogram, reflecting a daily increase of ₹2,000.
Gold Prices in Major Northern Cities
Delhi: ₹80,803 per 10 grams (up ₹550 from January 16, 2025)
Jaipur: ₹80,796 per 10 grams (up ₹680 from January 16, 2025)
Lucknow: ₹80,819 per 10 grams (up ₹680 from January 16, 2025)
Chandigarh: ₹80,812 per 10 grams (up ₹680 from January 16, 2025)
Amritsar: ₹80,830 per 10 grams (up ₹590 from January 16, 2025)
Silver Rates in Major Northern Cities
Delhi: ₹98,700 per kg (up ₹2,000 from January 16, 2025)
Jaipur: ₹99,100 per kg (up ₹3,200 from January 16, 2025)
Lucknow: ₹99,600 per kg (up ₹3,200 from January 16, 2025)
Chandigarh: ₹98,100 per kg (up ₹3,200 from January 16, 2025)
Patna: ₹98,800 per kg (up ₹3,200 from January 16, 2025)
Factors Impacting Precious Metal Prices
The price of gold and silver is influenced by various factors, both global and domestic. Worldwide demand, currency exchange rates, interest rates, and government policies play a significant role in determining the value of these metals. Events such as geopolitical tensions, global economic changes, and inflationary pressures also impact pricing trends. Jewelers and financial experts regularly monitor these factors to predict potential fluctuations in the market.
