Gold Rate on Diwali: Gold prices are continuing to rise. Gold and silver prices are fluctuating constantly. Gold rates are rapidly advancing, breaking records daily. The price of 10 grams of gold has surpassed ₹1,16,833 per 10 grams. There is a possibility that gold prices may rise even further. Gold prices saw a significant increase last week. The rate of 24-carat gold has increased by ₹3,920 in a week. Those with weddings in their homes are most concerned, as the demand for gold increases significantly during the wedding season.
Typically, the demand for gold and silver increases during the festive season. People buy gold in large quantities for auspicious occasions. However, this time, the price of gold is so high that people are avoiding jewellery showrooms. Getting gold jewellery made seems extremely difficult for ordinary people right now. India Bullion & Jewellers
Will gold become more expensive or cheaper this Diwali?
According to market experts, there is currently no possibility of a drop in gold prices. This Dhanteras-Diwali, gold prices could reach ₹1,22,000 per 10 grams, while silver prices could surpass ₹1,50,000 per kilogram.
Gold prices continue to rise due to global uncertainties, including the Russia-Ukraine conflict and the Israel-Hamas conflict, as well as continued purchases by central banks around the world. The price is growing due to increased demand.
In Delhi, 24-carat gold costs Rs 119,550 per 10 grams, while 22-carat gold costs Rs 109,600 per 10 grams.
In Mumbai, Chennai, and Kolkata, 24-carat gold costs Rs 119,400 per 10 grams, while 22-carat gold costs Rs 108,640 per 10 grams.
In Jaipur, Lucknow, and Chandigarh, 24-carat gold costs Rs 119,550 per 10 grams, while 22-carat gold costs Rs 109,600 per 10 grams.