Gold price today: For some time now, gold prices have been setting new records. Gold and silver prices are constantly soaring. The rising price of gold has taken everyone by surprise. Gold has surpassed ₹100,000, causing concern for the general public. And now, new records are being set continuously. Gold and silver prices fell on September 24. According to the India Bullion and Jewellers Association (IBJA), 10 grams of 24-carat gold fell by ₹270 to ₹1,14,044. Previously, it was at ₹1,14,314. Silver also fell by ₹362 to ₹1,34,905 per kilogram. Previously, it was at ₹1,35,267.
Will gold prices fall?
Currently, gold prices appear to be rocketing. However, some financial experts predict that the price of gold may experience a significant decline in the near future. At the JP Morgan India Investor Conference in Mumbai, experts have expressed concern about the substantial decrease in gold prices.
What is the latest rate of Gold?
According to the rates published on ibjarates.com on the morning of September 24, the price of 995 purity gold is ₹113,587 per 10 grams. Meanwhile, the cost of 22-carat gold with 916 purity is ₹104464 per 10 grams. Furthermore, the price of 750 purity gold has risen to ₹85533 per 10 grams. The price of 585 purity gold is ₹66,716 per tola.
What is the rate of silver?
Silver prices have risen to ₹134,905 per kilogram today. The prices released by the Indian Bullion Jewellers Association provide standard prices for gold of different purities.
If you’re looking to buy gold for jewellery, 22-carat gold is considered the best. This does not include taxes, making charges, or GST.
Some experts suggest that gold prices may decline in the future due to technical factors. Many experts also predict that gold prices will continue to rise and may experience a significant decline in the future. Currently, gold prices have the general public worried.