Gold price declines ahead of Karwa Chauth today in different cities. It is being taken seriously by the buyers as the festival season falls. Several enthusiasts look forward to investing in gold and silver jewelry in this given hour. The bullion market has witnessed a drop in the value of gold. Today, 22-carat gold is available for Rs 72,650 per 10 grams, while 24-carat gold rates Rs 76,280 per 10 grams. Silver has crossed the one-lakh mark and is selling at Rs 1,03,000 per kg.
Gold has cut down a bit lately, that might be of interest to would-be buyers. Bullion expert Manish Sharma from Indian Bullion Jewelers Association reports that gold prices have fallen. But the silver price has shot through the roof. Silver has experienced an upsurge in price with an increase of Rs 3,010 per kilogram from yesterday’s rate. The gold prices, however, have taken a decline and silver is slightly more affordable for those looking to purchase ahead of the festival season.
Gold price declines ahead of Karwa Chauth: Here are prices for different carats
The 22-carat gold, priced at Rs 72,900 for a mere 10 grams yesterday, has come down by Rs 250 today. Similarly, 24-carat gold sold at Rs 76,550 per 10 grams yesterday has dropped by Rs 270 today, and it is mainly due to these gory falls in gold prices that silver prices have been soaring to great heights. Shoppers are more than willing to take advantage of such rates. However, the variations might continue as the festival seasons progress ahead.
City: Delhi
Gold Price (24 Carat): ₹77,563, Unit: 10 grams
City: Chennai
Gold Price (24 Carat): ₹77,411, Unit: 10 grams
City: Mumbai
Gold Price (24 Carat): ₹77,417, Unit: 10 grams
City: Kolkata
Gold Price (24 Carat): ₹77,415, Unit: 10 grams
Whether you are buying on Karva Chauth or saving up, it is important to know the gold rate today. This slight drop in the prices of gold provides an excellent opportunity for those who are planning to buy jewelry, while the rise in silver prices indicates massive market demand.
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