Mumbai, October 25: Gold and silver prices are likely to reach new highs in the coming days as the festive season of Dhanteras and Diwali approaches along with the wedding season. According to the All India Sarafa Association, prices of gold and silver retreated from record levels in Delhi on Thursday, October 24, due to tepid demand from jewellers. As per the PTI report, gold prices of 99.9 per cent purity declined by INR 300 to INR 81,200 per 10 grams from the record-high level of INR 81,500 per 10 grams.
Similarly, silver also took a plunge by INR 1,000 to Rs 1.01 lakh per kg. While gold prices have been fluctuating every day, the yellow metal's rate has increased by INR 2,850 per 10 grams since October 16. According to Good Returns, the rate of gold in India today, October 25, is INR 7,284 per gram for 22-karat gold and INR 7,946 per gram for 24-karat gold, also called 999 gold. Scroll below to know the prices of the yellow metal in Mumbai, Delhi, Kolkata, Lucknow, Jaipur and other metro cities. Fake Gold Loan Scam in Hyderabad: Employees, Goldsmith and Customers Defraud Bank of India of INR 4.4 Crore by Pledging Fake Jewellery in Khairatabad; Probe Launched.
Check Prices of Gold (Per Gram) in Metro Cities Today
City | 22 Carat Gold Rate on October 25 | 24 Carat Gold Rate on October 25 |
Delhi | INR 7,299 | INR 7,961 |
Mumbai | INR 7,284 | INR 7,946 |
Ahmedabad | INR 7,289 | INR 7,951 |
Chennai | INR 7,284 | INR 7,946 |
Kolkata | INR 7,284 | INR 7,946 |
Gurugram | INR 7,299 | INR 7,961 |
Lucknow | INR 7,299 | INR 7,961 |
Bengaluru | INR 7,284 | INR 7,946 |
Jaipur | INR 7,299 | INR 7,961 |
Patna | INR 7,289 | INR 7,951 |
Bhubaneshwar | INR 7,284 | INR 7,946 |
Hyderabad | INR 7,284 | INR 7,946 |
While gold prices continue to rise and fall daily, yellow metal is still considered the best form of investment due to surging demand during the festive and wedding seasons. However, it remains to be seen if gold prices will cross the INR 90,000 and INR 1 lakh figures in the future.
(The above story first appeared on LatestLY on Oct 25, 2024 10:09 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).