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If you are thinking of buying gold or silver then there is good news for you. There has been a decline in the prices of gold and silver for the last two days, due to which this could be a good opportunity to buy. Due to the strength of the dollar in the international market, the shine of gold has faded a bit.
Gold and silver prices have fallen for the second consecutive day in Delhi’s bullion market today. In the last two days, the price of 24 carat gold has become cheaper by Rs 710 per 10 grams, while the price of 22 carat gold has fallen by Rs 660. At the same time, silver is also not behind. Within two days, the price of one kg silver has come down to Rs 3100.
What is the gold rate in your city today?
Let us know today’s price of 10 grams of gold in some big cities of India:
| City | 22 carats (10 grams) | 24 carat (10 grams) |
| Delhi | ₹1,12,390 | ₹1,22,500 |
| Mumbai | ₹1,12,240 | ₹1,22,450 |
| Kolkata | ₹1,12,240 | ₹1,22,450 |
| Chennai | ₹1,12,490 | ₹1,22,720 |
| Bengaluru | ₹1,12,240 | ₹1,22,450 |
| Lucknow | ₹1,12,390 | ₹1,22,500 |
| Jaipur | ₹1,12,390 | ₹1,22,500 |
| Patna | ₹1,12,290 | ₹1,22,500 |
Big fall in silver prices also
This is also a matter of relief for those who buy silver. Today on November 5, the price of one kg silver in Delhi is Rs 1,50,900, which is Rs 100 less than yesterday. Silver is being sold at this price in Mumbai and Kolkata also. However, silver is most expensive in Chennai, where the price of one kg is Rs 1,64,900.
What could be the future of gold?
Market experts believe that due to the strength of the dollar, there may remain some pressure on gold prices. However, gold prices are expected to rise in the long term. Some experts believe that in the coming time, gold may touch the level of Rs 1.23 lakh per 10 grams, while it is also likely to rise in the international market.
