As of June 25, 2024, the Indian precious metals market showcased interesting trends, with gold maintaining a steady position while silver experienced a slight dip. This update provides a comprehensive overview of current gold and silver rates across major Indian cities, offering valuable insights for investors and consumers alike.
Gold Price Highlights:
- 24-carat gold: Rs 72,220 per 10 grams
- 22-carat gold: Rs 66,240 per 10 grams
Silver Market Update:
The silver market saw a decrease, with prices settling at Rs 91,600 per kilogram.
City-wise Gold Rate Breakdown:
To help you make informed decisions, here's a detailed look at gold prices in key Indian cities as of June 25, 2024:
1. Delhi:
- 22-carat: Rs 66,390
- 24-carat: Rs 72,370
2. Mumbai:
- 22-carat: Rs 66,240
- 24-carat: Rs 72,220
3. Chennai:
- 22-carat: Rs 67,010
- 24-carat: Rs 73,110
4. Kolkata:
- 22-carat: Rs 66,240
- 24-carat: Rs 72,220
5. Bengaluru:
- 22-carat: Rs 66,240
- 24-carat: Rs 72,220
6. Hyderabad:
- 22-carat: Rs 66,240
- 24-carat: Rs 72,220
7. Ahmedabad:
- 22-carat: Rs 66,290
- 24-carat: Rs 72,270
8. Jaipur:
- 22-carat: Rs 66,390
- 24-carat: Rs 72,370
9. Lucknow:
- 22-carat: Rs 66,390
- 24-carat: Rs 72,370
10. Patna:
- 22-carat: Rs 66,290
- 24-carat: Rs 72,270
11. Bhubaneshwar:
- 22-carat: Rs 66,240
- 24-carat: Rs 72,220
12. Gurugram:
- 22-carat: Rs 66,390
- 24-carat: Rs 72,370
Market Analysis:
The stability in gold prices reflects ongoing economic factors and global market trends. Investors and consumers should keep a close eye on these fluctuations, as they can impact investment strategies and purchasing decisions.
Factors Influencing Precious Metal Prices:
- Global economic conditions
- Currency fluctuations, particularly the US Dollar
- Geopolitical events
- Demand in jewelry and technology sectors
Stay Informed:
For the most up-to-date information on gold and silver prices, it's advisable to check with local jewelers or financial advisors. Remember, precious metal prices can be volatile and subject to rapid changes based on various economic and political factors.
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