Gold prices are falling again, while silver is starting to rise.
This change is happening due to global tensions, especially around the ongoing situation involving the US, Iran, and Israel.
If you are planning to buy gold or silver, here’s a simple update on what’s happening in the market.
Gold Prices Fall for the Third Day
Gold has become cheaper for the third day in a row in Delhi.
24-carat gold has dropped by ₹10 per 10 grams
22-carat gold has also fallen by ₹10
In the last three days:
24-carat gold is down by ₹3,070
22-carat gold is down by ₹2,810
Before this, gold had already seen a big drop over four days:
24-carat gold fell by ₹12,110
22-carat gold dropped by ₹11,100
This continuous fall shows that gold demand is currently under pressure.
Silver Prices Rise After Recent Fall
Unlike gold, silver is now showing strength.
After a short dip, silver prices have increased for the second day in a row.
Silver has risen by ₹5,100 per kg in two days
Today, it is priced at ₹2,35,100 per kg in Delhi
Earlier, silver had seen a sharp fall:
₹15,000 drop on March 23
₹30,000 drop over four days before that
In other cities like Mumbai and Kolkata, silver prices are similar.
However, in Chennai, silver is more expensive at ₹2,49,900 per kg.
Gold Rates in Major Cities
Here are the latest gold prices (per 10 grams):
Delhi: ₹1,43,050 (24K), ₹1,31,140 (22K), ₹1,07,330 (18K)
Mumbai: ₹1,42,900 (24K), ₹1,30,990 (22K), ₹1,07,180 (18K)
Kolkata: ₹1,42,900 (24K), ₹1,30,990 (22K), ₹1,07,180 (18K)
Chennai: ₹1,44,550 (24K), ₹1,32,490 (22K), ₹1,10,490 (18K)
Bengaluru: ₹1,42,900 (24K), ₹1,30,990 (22K), ₹1,07,180 (18K)
Hyderabad: ₹1,42,900 (24K), ₹1,30,990 (22K), ₹1,07,180 (18K)
Lucknow: ₹1,43,050 (24K), ₹1,31,140 (22K), ₹1,07,330 (18K)
Patna: ₹1,42,950 (24K), ₹1,31,040 (22K), ₹1,07,230 (18K)
Jaipur: ₹1,43,050 (24K), ₹1,31,140 (22K), ₹1,07,330 (18K)
Ahmedabad: ₹1,42,950 (24K), ₹1,31,040 (22K), ₹1,07,230 (18K)
What This Means for Buyers
Gold prices are falling, which may be a good chance for buyers to invest or purchase jewelry.
At the same time, silver is slowly rising again after a big drop, showing signs of recovery.
Market trends are still uncertain, so prices may continue to change in the coming days.
