Internet Desk:Gold and silver prices have risen to record levels this year. Market sources predict that the same situation is likely to continue next year as well. However, this week, the prices of gold and silver are likely to decrease slightly, according to observers. It is said that with the start of the holiday season, the trading will slow down and the prices will undergo a correction. Gold and silver prices in India have already recorded new highs. According to the Good Returns website, at 6.30 am today, the price of 24 carat 10 gram gold was Rs. 1,34,170. 22 carat ornamental pasidi is priced at Rs.1,22,990. And the price of silver per kg continues at Rs.2,13,900 (Gold, Silver Rates on Dec 22).
According to the observers, the trading is likely to slow down from Wednesday due to Christmas and New Year holidays. And last MCX gold futures prices increased by 0.43 percent and touched an all-time high of Rs.1,35,530. Experts say that the weakening dollar and increasing chances of a Fed rate cut have boosted demand for gold. However, last week, silver brought huge gains to investors over greenback. People witnessed good gains with a cumulative increase of 8.08 percent during the week. Geopolitical uncertainties and supply shortages are driving up silver prices. Currently, an ounce of silver is continuing at a record level of 67.55 dollars in the international market. 24 carat ounce of pure gold continues at $4,365.
Gold rates in various cities (24k, 22k, 18k) are as follows
- Chennai: ₹1,35,270; ₹1,23,990; ₹1,03,440
- Mumbai: ₹1,34,170; ₹1,22,990; ₹1,00,630
- New Delhi: ₹1,34,320; ₹1,23,140; ₹1,00,780
- Kolkata: ₹1,34,170; ₹1,22,990; ₹1,00,630
- Bangalore: ₹1,34,170; ₹1,22,990; ₹1,00,630
- Hyderabad: ₹1,34,170; ₹1,22,990; ₹1,00,630
- Vijayawada: ₹1,34,170; ₹1,22,990; ₹1,00,630
- Kerala: ₹1,34,170; ₹1,22,990; ₹1,00,630
- Pune: ₹1,34,170; ₹1,22,990; ₹1,00,630
- Vadodara: ₹1,34,220; ₹1,23,040; ₹1,00,680
- Ahmedabad: ₹1,34,220; ₹1,23,040; ₹1,00,680
Silver Prices Here
- Chennai: ₹2,25,900
- Mumbai: ₹2,13,900
- New Delhi: ₹2,13,900
- Kolkata: ₹2,13,900
- Bangalore: ₹2,13,900
- Hyderabad: ₹2,25,900
- Vijayawada: ₹2,25,900
- Kerala: ₹2,25,900
- Pune: ₹2,13,900
- Vadodara: ₹2,13,900
- Ahmedabad: ₹2,13,900
Note:The above mentioned gold and silver rates vary from time to time in the markets. So buyers can check prices again at that time.
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