Domestic bullion markets have seen gold and silver reach record highs. Gold has become ₹7040 more expensive in the past week, while silver has risen to ₹37000 per kilogram. This surge has attracted investor attention.
Gold-Silver Price Today: Domestic bullion markets continue to witness new records for both gold and silver. The price of gold has seen a significant increase in the past week, while silver has surprised investors. Gold has become ₹7040 more expensive within a week, and silver prices have increased by ₹37000 per kilogram. This rally has captured the attention of both investors and general buyers.
How much more expensive has gold become in a week?
Regarding Gold Rate Today, gold prices remain firm on a weekly basis across the country. In the last seven days, 24-carat gold has risen to ₹7040 per 10 grams. Meanwhile, the price of 22-carat gold has increased by ₹6450 per 10 grams. This increase is linked to both domestic and global factors.
Today's Gold Rate in Delhi and Mumbai
On December 28th, the price of 24-carat gold in the capital, Delhi, reached ₹141370 per 10 grams. 22-carat gold is trading at a level of ₹129600 per 10 grams.
In Mumbai, 24-carat gold is at ₹141220 per 10 grams and 22-carat gold is at ₹129450 per 10 grams. The price trend in major metropolitan cities across the country remains largely consistent.
Gold prices in other major cities
In addition to Mumbai, the price of 24-carat gold in Chennai and Kolkata is ₹141220 per 10 grams, while 22-carat gold is available for ₹129450 per 10 grams. The same rates are observed in Pune and Bengaluru, where 24-carat gold is ₹141220 and 22-carat gold is ₹129450 per 10 grams.
Current Gold Rate in Different Cities
In cities like Delhi, Jaipur, Lucknow, and Chandigarh, 24-carat gold has reached ₹141370 per 10 grams and 22-carat gold ₹129600 per 10 grams. In Ahmedabad and Bhopal, 24-carat gold is at ₹141270 and 22-carat gold at ₹129500 per 10 grams.
Support from the International Market
Gold prices are also receiving b support from the international market. The global market spot price of gold has reached a new peak of $4530.42 per ounce. Weakness in the dollar, geopolitical tensions, and purchases by central banks have provided b support to gold.
How much has the price of gold increased this year?
Throughout the year, gold has strengthened by 80.24 percent in the domestic market. This return is significantly higher than any traditional investment option. This is why investors are increasingly viewing gold as a Safe Investment.
Expectations of further gains in gold prices
Market experts believe that gold prices may see further increases in the coming times. Many analysts have predicted that gold will remain b next year. Renowned investment bank Goldman Sachs has estimated that gold could reach $4900 per ounce by December.
Silver Prices: Silver creates a new record
Regarding silver, this precious metal has also made history. Silver prices have increased by ₹37000 per kilogram in the past week. On December 28th, silver reached a record level of ₹251000 per kilogram in the domestic market.
Why has silver seen such a surge?
So far this year, silver prices have seen a significant increase of 163.5 percent. The spot price of silver in the international market has also reached a new record of $75.63 per ounce.
Experts say that b industrial demand, increasing consumption in the electric vehicle and solar sectors, purchases for safe investment, and a decline in global supply are the main reasons for this.
