Gold Silver Price Today: Gold became expensive for the second day, know the price of 24, 22 and 18 carat gold in 10 big cities.

Business Desk- Gold Silver Price Today: Gold prices have seen a rise for the second consecutive day. Gold has received support due to reducing tension between America and Iran and softening of crude oil prices. At the same time, a slight decline was recorded in silver prices after two days of stability.

In the capital Delhi, 24 carat gold has become costlier by Rs 940 and 22 carat gold by Rs 860 in the last two days. Today, a slight increase of Rs 10 each has been recorded in the price of 24 and 22 carat gold in Delhi. On the other hand, one kg of silver has become cheaper by Rs 100 to Rs 2,39,900 per kg.

What is the price of gold in Delhi?

In Delhi, 24 carat gold is being sold at Rs 1,46,050 per 10 grams, 22 carat gold at Rs 1,33,860 per 10 grams and 18 carat gold at Rs 1,09,550 per 10 grams.

Today’s gold rate in Mumbai

The price of 24 carat gold in Mumbai is Rs 1,45,870 per 10 grams. 22 carat gold is trading at Rs 1,33,710 and 18 carat gold is trading at Rs 1,09,400 per 10 grams.

What is the price in Kolkata and Bengaluru?

In Kolkata and Bengaluru, 24 carat gold is Rs 1,45,900 per 10 grams. The price of 22 carat gold is Rs 1,33,710 and 18 carat gold is Rs 1,09,400 per 10 grams.

Gold at the highest price in Chennai

In Chennai, 24 carat gold is at Rs 1,45,870 per 10 grams. The price of 22 carat gold is Rs 1,33,710 per 10 grams, while 18 carat gold is being sold at Rs 1,11,860 per 10 grams.

Today’s price in Hyderabad, Jaipur, Lucknow, Patna and Ahmedabad

In Hyderabad, 24 carat gold is Rs 1,45,900, 22 carat Rs 1,33,710 and 18 carat Rs 1,09,400 per 10 grams.

In Jaipur and Lucknow, 24 carat gold is being sold at Rs 1,46,050, 22 carat gold at Rs 1,33,860 and 18 carat gold at Rs 1,09,550 per 10 grams.

In Patna and Ahmedabad, the price of 24 carat gold is Rs 1,45,950, 22 carat Rs 1,33,760 and 18 carat Rs 1,09,450 per 10 grams.

Silver became cheaper after two days of stability

There was no change in the price of silver for two days, but now there has been a slight decline. In major cities including Delhi, Mumbai, Kolkata and Chennai, one kg silver is being sold cheaper by Rs 100 and is being sold at Rs 2,39,900 per kg. Earlier, on June 25, an increase of Rs 5 thousand was recorded in silver and on July 24, a fall of Rs 5 thousand was recorded.

What is the reason for the rise of gold?

According to Saumil Gandhi, Senior Commodity Analyst at HDFC Securities, crude oil prices have come down due to reduced tension in West Asia, due to which gold has strengthened. Apart from this, weakness in the US dollar and fall in US bond yields also supported gold prices. However, due to the strengthening of the rupee, the rise in the domestic market remained limited.

Now which events will the market keep an eye on?

According to Pranab Mer, Senior Vice President, JM Financial Services, in the coming days, the situation in West Asia, Eurozone, Japan and America’s inflation data will decide the direction of the market.

Apart from this, investors will also keep an eye on the figures of America’s GDP, consumer confidence and weekly jobless claims. Besides, the decisions on interest rates of the Federal Reserve, Bank of England and Bank of Japan will also play an important role in determining the further movement of gold and silver prices.