Business

Gold Rate Today: Prices Rise on Dussehra, Check New Rates for Your City

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Speaks Desk

Gold Price Today: In India, buying gold and silver jewelry is considered a tradition, especially during significant occasions such as weddings and festivals. Today, on Dussehra (October 12, 2024), many people believe it’s auspicious to purchase gold and silver items. The festive season often sees a surge in demand for gold and silver, making it a prime time for buyers.

Today marks a notable increase in gold prices, reflecting the heightened demand as we approach upcoming festivals like Karva Chauth, Diwali, and Dhanteras. Traditionally, many women indulge in buying gold and silver during this season, contributing to the rising prices.

Current Gold Prices in India

As of today, gold prices have surged, with 22-carat gold priced at ₹70,960 per 10 grams and 24-carat gold at ₹77,410 per 10 grams. Market analysts predict that prices may rise further in the coming days due to the festive rush.

City-wise Gold Rates Today

  • Mumbai:
    • 22-carat gold: ₹70,960 per 10 grams
    • 24-carat gold: ₹77,410 per 10 grams
  • Bengaluru:
    • 22-carat gold: ₹70,960 per 10 grams
    • 24-carat gold: ₹77,410 per 10 grams
  • Chennai:
    • 22-carat gold: ₹70,960 per 10 grams
    • 24-carat gold: ₹77,410 per 10 grams
  • Noida:
    • 18-carat gold: ₹58,180 per 10 grams
    • 22-carat gold: ₹71,110 per 10 grams
    • 24-carat gold: ₹77,560 per 10 grams

Silver Prices Today

Silver prices have also seen an upward trend. The current price for silver is as follows:

  • Chennai: ₹1,02,100 per kg
  • Mumbai: ₹96,100 per kg
  • Delhi: ₹96,100 per kg
  • Kolkata: ₹96,100 per kg
  • Bengaluru: ₹84,900 per kg

As the festive season continues, consumers are encouraged to keep an eye on market trends, as prices may fluctuate. Today’s rise in gold and silver prices reflects not only traditional purchasing patterns but also the broader market dynamics.

Speaks Desk

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