Gold Price Today Analyzed
The price of gold changed a little bit today, and it’s important for investors to understand these shifts. Gold, including 24-carat and 22-carat varieties, saw a slight increase in value. This impacts how much gold costs and influences investment decisions.
- Gold prices varied across different cities like Mumbai, Kolkata, and Chennai.
- 24-carat gold saw a ₹10 increase, with a price of ₹1,33,210 per 10g.
- 22-carat gold increased by ₹10, selling at ₹1,22,110 for 10g in many cities.
- Silver also rose, with a kilogram at ₹2,04,100, depending on the location.
- Global factors like interest rates and geopolitical events impact gold’s value.
- Silver reached a record high, driven by strong demand and uncertainty.
Specifically, the price of 24-carat gold was ₹1,33,210 for ten grams in Mumbai and Kolkata, while it reached ₹1,34,960 in Chennai. In Delhi, the same 24-carat gold traded at ₹1,33,360. 22-carat gold was priced at ₹1,22,110 per 10 grams in many cities, including Kolkata and Chennai.
These fluctuations are influenced by worldwide events. For example, the US saw gold prices rise to a seven-week high due to concerns about interest rates and global instability. Silver also performed exceptionally well, hitting a record high because of increased demand.
