Today on Wednesday, the price of 24 carat gold is Rs 77300. On Christmas day, December 25, 2024, the price of 22 carat gold is trading around Rs 70,000. The bullion market remains closed on Christmas day. In such a situation, the prices of gold and silver will remain the same as yesterday. However, if there is a wedding in your house then this is a relief news because gold has fallen from its previous level of Rs 100. Trading is well below the peak of 82,000. Check what is the price of gold in your city.
Price of one kilogram silver on Christmas day, 25th December
One kg silver is trading at Rs 91,300 in the country.
Will gold reach its previous high in 2025?
Generally, gold prices increase during the wedding season, but recently there has been a decline in it. In the last budget, Finance Minister Nirmala Sitharaman had reduced the duty on gold, due to which its price fell by Rs 6,000. Now gold has come down from its highest level and is trading in a certain range. Experts believe that by 2025 the price of gold can reach Rs 90,000 per 10 grams. It is also higher than its 2024 high of Rs 82,000. In such a situation, when gold is in the lower range then it is a good investment opportunity.
How is the price of gold decided?
Gold prices are influenced by domestic demand, US economic conditions, Federal Reserve interest rates and international markets. In such a situation, the price of gold is expected to increase in the near future.
Comments are closed.