Gold-Silver Rate Today: Gold prices increased further, silver also increased, know the price of gold-silver today
Gold-Silver Rate Today in India: Today, on December 12, there has been a tremendous rise in the prices of both gold and silver in the Indian markets. After the decision of the Federal Reserve of America to reduce the key interest rate, gold has received preference as a safe investment, due to which its prices are continuously rising. Due to this rise, the price of 24 carat gold in the capital Delhi has reached Rs 130910 per 10 grams. This surge shows that investors are expressing confidence in gold and silver amid global economic uncertainties.
Rise in gold prices
The Federal Reserve has cut the key interest rate by 0.25 percent, after which the probability of yield (return) on bonds increases. Because of this, investors are rapidly increasing investment in safe assets like gold. This morning, the price of 24 carat gold in Delhi was Rs 130910 per 10 grams, while the price of 22 carat was Rs 120010 per 10 grams.
In other major cities of the country like Mumbai, Chennai and Kolkata, the price of 24 carat gold was Rs 130760 per 10 grams. In the international market too, the spot price of gold is trading at a high level of $4,213.12 per ounce.
Silver broke the return record
Like gold, silver prices also rose on December 12. The price of silver has reached Rs 2,01,100 per kg. Since the beginning of this year, silver prices have seen a massive rise of 116.72 percent, making it even better than gold in terms of returns.
Experts believe that due to reduction in global supply, continuously increasing demand from China and increase in industrial consumption, the shine of silver has increased the most this year. Even in foreign markets, the spot price of silver is at $62.88 per ounce.
Also read: Stock Market: Bumper start of the stock market, Sensex up 300 points, Nifty near 26,000.
Historic surge in a year
Gold prices in the domestic market have seen a huge increase of 67% so far this year. Even in the international market, gold prices have increased by almost 60 percent. Experts estimate that if global conditions and the rupee-dollar exchange rate remain almost the same or the rupee weakens, the price of gold may increase further by 5 percent to 16 percent in 2026. This trend reflects a strong future for the precious metals in both the Indian and international markets.
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