As the day passes, the prices of gold and silver keep going up and down. Also, gold is a precious metal which is taken in maximum quantity on the occasion of marriage. However, due to rising gold prices, people are now considering gold as an investment. Then today, Thursday and 19th December, new prices of gold and silver have been announced. So let’s know today’s latest rate
Today’s gold and silver prices
Thursday, 19 December 2024, gold has become cheaper. This is a news of relief for these people during the wedding season. If there is a wedding in your house and you want to buy gold jewellery, then this could be a good time. There has been an improvement of up to Rs 150 in the price of 10 grams of gold. Whereas the price of one kg silver is trading at Rs 92500. That means there has been no increase or decrease in the price of silver today.
Gold price till 19th December 2024
city name | 22 carat gold rate | 24 carat gold rate |
Delhi | 71,500 | 77,990 |
Jaipur | 71,500 | 77,990 |
Mumbai | 71,350 | 77,840 |
Kolkata | 71,350 | 77,840 |
Ahmedabad | 71,400 | 77,890 |
Bengaluru | 71,350 | 77,840 |
Lucknow | 71,500 | 77,990 |
Bhubaneswar | 71,350 | 77,840 |
Why did the prices of gold and silver fall?
The wedding season has started in the country. In such a situation, the demand for gold has started increasing in the local market. The price of gold in a country is determined by domestic and international factors. This has the greatest impact. Mixed US economic data and the Federal Reserve’s decision on interest rates weighed on gold prices. If we look at the trend of last 2 weeks, gold is trading in the same range. However, experts believe that in the year 2025, the price of 10 grams of gold can go up to Rs 90,000. That means gold is going to give good returns next year. In such a situation, the year 2024 could be the best time to invest in gold.
Know the price by missed call
To know the retail rates of 22 carat and 18 carat gold jewellery, you can give a missed call to 8955664433. Rates will be available soon through SMS. Also, for continuously updated information, you can visit www.ibja.co or ibjarates.com.