Today, 10th October, on Karva Chauth, gold prices have increased again, marking the fifth consecutive day of rise.
In Delhi, the price of 24-carat gold has reached ₹124,310 per 10 grams. Other cities are also seeing an increase in prices.
The festive season has boosted gold demand across the country. Prices are expected to rise even more during Dhanteras and Diwali.
Globally, factors like the US government shutdown and expectations of further interest rate cuts by the Federal Reserve are also pushing gold prices higher.
Other factors contributing to the rise include a weak US dollar, global economic uncertainty, and large gold purchases by central banks worldwide.
Current Gold Prices in Major Cities
Delhi:
24-carat gold: ₹124,310 per 10 grams
22-carat gold: ₹113,960 per 10 grams
Mumbai, Chennai, Kolkata:
24-carat gold: ₹124,160 per 10 grams
22-carat gold: ₹113,810 per 10 grams
Jaipur, Lucknow, Chandigarh:
24-carat gold: ₹124,310 per 10 grams
22-carat gold: ₹113,960 per 10 grams
Bhopal, Ahmedabad:
24-carat gold: ₹124,210 per 10 grams
22-carat gold: ₹113,860 per 10 grams
Hyderabad:
24-carat gold: ₹124,160 per 10 grams
22-carat gold: ₹113,810 per 10 grams
Planning to buy gold this Diwali? Knowing these prices can help you make a better decision.
Silver Prices Also Rising
Like gold, silver is also becoming more expensive. On 10th October, its price reached ₹167,100 per kilogram.
Silver’s price increase has been faster than gold recently. In September, silver rose 19.4%, while gold increased 13%.
