New Delhi3 days ago
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There was a slight decline in gold prices on Tuesday (January 7). According to India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold has fallen by Rs 35 to Rs 77,126. On Monday its price was Rs 77,161 per ten grams.
At the same time, the price of one kg silver has increased by Rs 322 to Rs 89,474 per kg. Earlier it was at Rs 89,152 per kg. Gold had made an all-time high of Rs 79,681 per 10 grams on October 30 last year. At the same time, silver had reached Rs 99,151 per kg on 23 October 2024.
Gold price in 4 metros and Bhopal
- Delhi : The price of 10 grams 22 carat gold is Rs 72,300 and the price of 10 grams 24 carat gold is Rs 78,860.
- Mumbai: The price of 10 grams 22 carat gold is Rs 72,150 and the price of 10 grams 24 carat gold is Rs 78,710.
- Kolkata : The price of 10 grams of 22 carat gold is Rs 72,150 and the price of 10 grams of 24 carat gold is Rs 78,710.
- Chennai : The price of 10 grams 22 carat gold is Rs 72,150 and the price of 10 grams 24 carat gold is Rs 78,710.
- Bhopal : The price of 10 grams 22 carat gold is Rs 72,200 and the price of 10 grams 24 carat gold is Rs 78,760.
Gold gave 20% return and Silver 17% return in 2024. Last year the price of gold increased by 20.22%. At the same time, the price of silver increased by 17.19%. On January 1, 2024, gold was at Rs 76,583 per 10 grams, which reached Rs 76,948 per 10 grams on December 31, 2024. During this period, the price of one kg silver increased from Rs 73,395 per kg to Rs 86,017 per kg.
Pressure on gold due to cut in interest rates According to Currency Head Anuj Gupta, recently the US Central Bank Federal Reserve has cut interest rates by 25 basis points (0.25%). Due to this cut, there is pressure on gold and silver for the last few days.
However, gold and silver may again see a rise in the coming days. In the next one year i.e. 2025, gold can go up to Rs 82 thousand per 10 grams. At the same time, silver can also reach Rs 95 thousand per kg.