Silver crosses 2500! The price of gold also surprised you, know what is the price in your city today

Amidst global uncertainty and turmoil in the international market, constant fluctuations are being seen in the prices of gold and silver in the Indian bullion market. There is a strange silence and alertness in the market today. While on one hand big investors are currently adopting the policy of “wait and watch”, on the other hand this volatility in prices has raised a ray of hope for common buyers.

Investors’ view and market condition

According to market experts, due to the current global conditions, big investors are currently avoiding investing money aggressively in gold and silver. They are waiting for the situation to become completely clear. This is the reason why there is instability in prices, sometimes with a slight decline and sometimes with a slight increase. However, falling prices can prove to be a great opportunity for those who were planning to buy for a long time.

A look at the latest price of silver

If you are thinking of buying silver, today the prices in big cities of the country are like this. Today the price of 10 grams of silver in Delhi, Mumbai and Kolkata is Rs 2,500, whereas for 100 grams of silver you will have to spend Rs 25,000. At the same time, silver is a little expensive in Chennai, where the price of 10 grams of silver has been recorded at Rs 2,550.

Gold prices in major cities of the country (per 10 grams)

A slight difference is being seen in the prices of gold according to the city. Let us know what is the rate in your city:

• Delhi and Lucknow: Here 24 carat gold is being sold at Rs 1,51,080, 22 carat gold at Rs 1,38,500 and 18 carat gold at Rs 1,13,350.
• Mumbai, Kolkata and Hyderabad: In these cities the price of 24 carat is Rs 1,50,930, 22 carat is Rs 1,38,350 and 18 carat is Rs 1,13,200.
• Chennai: Gold is most expensive here. You will have to pay Rs 1,52,180 for 24 carat, Rs 1,39,500 for 22 carat and Rs 1,16,350 for 18 carat.
• Ahmedabad and Patna: In these cities, 24 carat gold is at the level of Rs 1,50,980, 22 carat Rs 1,38,400 and 18 carat gold is Rs 1,13,250.

Is this the right time to buy?

The recent softening of prices has created a golden opportunity for common customers. Especially in view of the wedding season, the demand for jewelery is expected to increase. In such a situation, for those who were waiting for the price of gold to come down for a long time, buying now can prove to be a profitable deal. This enthusiasm prevailing in the market may increase further in the coming days.