There are fluctuations in the prices of gold and silver, today it became cheaper by so many rupees.

New Delhi : Since the presidential elections in America, there has been a period of fluctuations in gold prices. For the last few days, there was a rise in the prices of gold and silver. However, today i.e. 25th November, a decline has been recorded in the prices of gold and silver. According to the report of AXI India, while the price of gold has fallen by Rs 1092 per 10 grams, the price of silver has also seen a fall of Rs 1425 per 10 grams.

Let us tell you that this trend of decline can be seen only today. If we talk about the prices of 24th November, then in the last 1 week, an increase of about Rs 3990 has been seen in the prices of gold. Not only this, a huge jump is being seen not only in the prices of gold but also in the prices of silver. If we talk about the prices of silver, it has also seen an increase of Rs 2500 per kg in the last one week. Till 24th November i.e. yesterday, silver was being sold at the price of Rs 92000 per kg.

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Reason for increase in gold prices

According to commodity market experts, there are 3 main reasons behind the increase in gold prices. The first reason being cited is the Russia-Ukraine war. The second reason is being said to be the stability in the stock market and the third reason is being said to be Donald Trump's victory in the presidential elections held in America. Apart from this, due to the rise in the US dollar and the repo rate cut by the US Federal Reserve, gold prices have also increased significantly. Sugandha Sachdeva, founder of SS WealthStreet, has said that the increasing geopolitical turmoil in the Russia-Ukraine war has made gold the best option for investment.

Gold prices in cities of the country

Till yesterday in the country's capital Delhi, the price of 24 carat gold was Rs 79790 per 10 grams, while the price of 22 carat gold was Rs 73150 per 10 grams. Talking about Mumbai, till November 24, the price of 10 grams of 24 carat gold was Rs 79640, whereas the price of 10 grams of 22 carat gold was Rs 73000.