look news india
Check your budget before shopping:If you were waiting for the last few days for the gold prices to fall a little further and then buy, then you may be in for a bit of a shock. The ‘slowness’ of gold in the market has now ended and the ‘yellow metal’ has started racing again.
Today i.e. 26th November, a significant rise in gold prices has been seen. Wedding season is at its peak, and in such a situation, it is natural for prices to rise due to increase in demand. The price of 24 carat gold in Delhi’s bullion market Rs 1,27,200 (per 10 grams) has gone beyond.
Not only the rush of buyers, but also foreign factors have added fuel to the fire. The dollar has weakened and news coming from America has supported gold.
What is the price for jewelery buyers? (22 carat vs 24 carat)
It is most important to understand this. If you are buying gold for investment (biscuits/coins), you should 24 carat Have to see the price. But if you are going to get jewelry made, then for you 22 carat Rate will be applicable.
- Capital Delhi: Here 24 carat gold is priced at Rs 1,27,200, while 22 carat gold for jewelery is priced at Rs 1,27,200. Rs 1,16,610 Selling at per 10 grams.
- Mumbai-Kolkata-Chennai: The rates are the same in these three metros. For 24 carat you Rs 1,27,050 and for 22 carat Rs 1,16,460 Have to pay.
Why did prices rise? (market condition)
Experts monitoring the market say that the statements of the US Central Bank (Federal Reserve) have added enthusiasm to gold. Officials there (Fed Governor Christopher Waller) believe that the economy is a bit sluggish and the labor market is weakening. This means that interest rates may be cut. When interest rates fall, gold prices often rise.
Condition of cities: Where is the price (per 10 grams)
| City | 22 carat (jewelry) | 24 carat (pure) |
| Delhi | ₹1,16,610 | ₹1,27,200 |
| Mumbai | ₹1,16,460 | ₹1,27,050 |
| Jaipur | ₹1,16,610 | ₹1,27,200 |
| Lucknow | ₹1,16,610 | ₹1,27,200 |
| Bhopal | ₹1,16,510 | ₹1,27,100 |
| Ahmedabad | ₹1,16,510 | ₹1,27,100 |
(In other cities like Pune, Hyderabad, Bengaluru, the price is at par with Mumbai i.e. ₹ 127,050)
Silver also showed shine
Not only gold, but the “gold of the poor” i.e. silver is also now running away from the reach of the common man. silver today Rs 1,67,100 per kilogram Has reached the level of.
Our advice:
Prices are very high. If you have to buy jewellery, then bargain well on the making charges and do not forget to check the hallmark.