Gold Price Today Analyzed
The cost of gold and silver changed a little on Monday. Gold dropped by ₹10, meaning ten grams of 24-carat gold cost ₹1,40,450. Silver also went down by ₹100, with one kilogram selling for ₹2,59,900. These changes happen because of many things like how people are investing and global events.
Key Points
- Gold prices decreased in major Indian cities on Monday.
- 24-carat gold fell by ₹10, reaching ₹1,40,450 in Mumbai & Kolkata.
- Silver also decreased, with one kg selling for ₹2,59,900.
- US gold surged past $4,600, driven by uncertainty and rate cuts.
- Silver hit a record high, climbing to $83.96 per ounce.
- Platinum also increased, reaching a new record peak.
Regional Gold Prices (India)
Here’s a breakdown of what gold cost in different Indian cities: Mumbai and Kolkata saw 24-carat gold at ₹1,40,450 per 10 grams. Chennai had slightly different prices, with 24-carat gold at ₹1,39,640 and 22-carat gold at ₹1,28,740. Delhi’s price was ₹1,40,600 for 24-carat gold, and ₹1,28,890 for 22-carat gold.
Global Market Trends
Globally, gold jumped significantly, reaching $4,469.49 per ounce. Silver also saw a massive increase, hitting an all-time high of $83.96 per ounce. These rises were mainly due to worries about the world’s economy and the possibility of the US lowering interest rates.
“Understanding these price fluctuations is key to making smart investment decisions.”
