Gold and silver weakened for the second consecutive day, know what are the latest rates in your city

Gold-Silver Rate Today: Precious metals have declined for the second consecutive day. After a day of stability, there has been a softening in the prices of both gold and silver. The prices of 24 carat, 22 carat and 18 carat gold have decreased in major cities of the country, while silver has also become cheaper in two days.

In the last two sessions in the capital, 24 carat gold per 10 grams has fallen to ₹1,320 and 22 carat gold to ₹1,210. In today’s session also a decrease of ₹10 per 10 grams was recorded. Whereas silver has become cheaper by ₹ 7,100 per kg in two days.

Gold price in 10 big cities (per 10 grams)

Delhi: 24K – ₹1,56,580 | 22K – ₹1,43,540 | 18K – ₹1,17,470
Mumbai: 24K – ₹1,56,430 | 22K – ₹1,43,390 | 18K – ₹1,17,320
Kolkata: 24K – ₹1,56,430 | 22K – ₹1,43,390 | 18K – ₹1,17,320
Chennai: 24K – ₹1,57,520 | 22K – ₹1,44,390 | 18K – ₹1,23,490
Bengaluru: 24K – ₹1,56,430 | 22K – ₹1,43,390 | 18K – ₹1,17,320
Hyderabad: 24K – ₹1,56,430 | 22K – ₹1,43,390 | 18K – ₹1,17,320
Lucknow: 24K – ₹1,56,580 | 22K – ₹1,43,540 | 18K – ₹1,17,470
Patna: 24K – ₹1,56,480 | 22K – ₹1,43,440 | 18K – ₹1,17,370
Jaipur: 24K – ₹1,56,580 | 22K – ₹1,43,540 | 18K – ₹1,17,470
Ahmedabad: 24K – ₹1,56,480 | 22K – ₹1,43,440 | 18K – ₹1,17,370

latest silver rate

Silver is trading at ₹2,67,900 per kg in Delhi. The feeling is the same in Mumbai and Kolkata also. Silver in Chennai is ₹2,64,900 per kg, the lowest among the four metros.

Expert opinion

According to experts, pressure has arisen due to profit booking at higher levels. Also, the market is keeping an eye on America’s PCE inflation data and signals related to the Federal Reserve. Due to these global factors, fluctuations in gold and silver may continue in the near future.

Investors are advised not to take hasty decisions and adopt a long-term strategy. Be sure to consult a certified financial advisor before making any investment.