Jaipur, the hub of Rajasthan, has been witnessing fluctuations in gold prices for the last few days. Suppose you want to know the gold rate in Jaipur today or understand the recent changes in gold prices in Jaipur. In that case, this article is essential for you. Here, we will present a detailed analysis of the current status of the gold rate in Jaipur and the trends of the last few days so that you can get the correct information.
Fluctuation in Gold Price in Jaipur for the last three days
Gold prices in the Jaipur bullion market have seen a lot of change in the previous three days. On Wednesday, 18-carat gold was priced at ₹69,630 per 10 grams, 22-carat gold at ₹85,100 per 10 grams, and 24-carat gold at ₹92,840 per 10 grams.
Impact of US duty announcement: Prices jump on Thursday
On Thursday, the market witnessed a significant change due to the announcement of the reciprocal duty by the President of the United States, Donald Trump. After this announcement, investors started looking at gold as a safe investment, resulting in a spurt in gold prices. On Thursday, 10 grams of 22-carat gold rose to ₹85,600, while 24-carat gold touched ₹93,380. This sharp market reaction showed how sensitive geopolitical and economic developments, especially large-scale duty announcements, can make gold prices.
Gold rate in Jaipur today: Prices fall
However, after the rally on Thursday, the gold rate in Jaipur declined on Friday. The market adjusted after the duty announcement’s initial shock, bringing prices down. As reported earlier, the cost of 10 grams of 22-carat gold is now ₹84,000, showing a decrease of ₹1,600, and the pcostof 24-carat gold has fallen by ₹1,740 to ₹91,640. This decline is mainly due to the market stabilizing after the initial surge and the clarity of quick reactions from investors.
Silver Prices: Today’s Rate in Jaipur
Along with the fluctuation in gold prices, silver prices in Jaipur have also changed. Today, silver sells for ₹99 per gram, an increase of ₹4 from Thursday’s price. At the same time, the cost of one kilogram of silver is ₹99,000, which is ₹4,000 more than the previous day. This change in silver prices is considered to be indicative of broader market trends.
Gold Rate in India: A Glance
Gold prices across India witnessed a significant drop on Friday. 24-carat gold is priced at ₹9,164 per gram, while 22-carat gold is now selling at ₹8,400 per gram. 18-carat gold, which is often used for lighter jewelry, is available at ₹6,873 per gram, which is more affordable than higher-carat options.
Reason for fthe all in gold prices today
Gold prices in India had risen nearly 5% this week, mainly due to concerns over US President Trump’s trade tariffs and the growing threat of a global trade war. As uncertainty mounted in the market, investors turned to gold, which is considered a safe asset in times of economic turmoil. However, prices declined on Friday as the market stabilized.
Conclusion
Global economic and political events continue to influence gold prices in Jaipur. Significant developments such as duty announcements immediately impact the market, which can lead to sharp price fluctuations. The fall in gold price in Jaipur has relieved retail buyers, significantly ahead of the wedding season and Akshaya Tritiya, when gold demand usually increases in regions like Jaipur. Both investors and buyers should keep an eye on market movements and make informed decisions.