Golden opportunity to buy gold! Prices fell for the third consecutive week, know the price of 10 grams

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There is good news for people planning to buy gold! Gold prices in the country have fallen for the third consecutive week, making it a great opportunity to buy gold. In the last one week alone, the price of 24 carat gold has come down by Rs 980 per 10 grams.

In the capital Delhi, the price of 24 carat gold has come down to Rs 122,170 per 10 grams. At the same time, 22 carat gold has also become cheaper by Rs 1160 in a week. Experts believe that due to the strengthening of the US dollar and the policies of the Federal Reserve, there has been a decline in the demand for gold, due to which the prices are falling.

Let us know the rates today (November 9) in some big cities of the country:

  • Delhi: Here the price of 24 carat gold is Rs 122,170, while the price of 22 carat gold is Rs 112,000 per 10 grams.
  • Mumbai, Chennai, Kolkata: In these three metros, 24 carat gold is being sold at Rs 122,020 and 22 carat gold at Rs 111,850 per 10 grams.
  • Pune and Bengaluru: In these cities also, the price of 24 carat gold is Rs 122,020 and that of 22 carat gold is Rs 111,850 per 10 grams.

Gold price in different cities (per 10 grams):

City 22 carat gold price(₹) 24 carat gold price(₹)
Delhi 1,12,000 1,22,170
Mumbai 1,11,850 1,22,020
Ahmedabad 1,11,900 1,22,070
Chennai 1,11,850 1,22,020
Kolkata 1,11,850 1,22,020
Jaipur 1,12,000 1,22,170
Lucknow 1,12,000 1,22,170

The shine of silver increased

Unlike gold, silver prices have seen a rise this week. The price of silver has increased by Rs 500 in a week to Rs 1,52,500 per kg.

Will gold become expensive again in future?

Even though gold prices have fallen, big financial institutions believe that the bullish trend in gold is not over. Goldman Sachs estimates that gold could reach $4,900 an ounce by December 2026. At the same time, ANZ believes that by the middle of next year, gold will be at $ 4,600 an ounce. This means that investing in gold can still be a profitable deal in the long term.