Gold's rapid rise hits a pause while silver continues to slip. Discover the newest rates for 24‑carat, 22‑carat, 18‑carat gold and silver, plus a city‑wise price comparison.
Key Takeaways
- 24‑carat gold at ₹1,30,000 per 10 g
- 22‑carat gold at ₹1,20,000 per 10 g
- Silver at ₹68 per gram
Today's Rates
Indian markets saw a slight dip in gold prices while silver kept sliding lower. 24‑carat gold trades at ₹1,30,000 per 10 g, 22‑carat at ₹1,20,000, and 18‑carat at ₹1,00,000. Silver has settled at ₹68 per gram after falling from the ₹70 mark.
Historical Background
Last month gold peaked at ₹1,35,000, fueling investor enthusiasm. Silver, on the other hand, reached a high of ₹80 per gram in July before a steady decline due to global economic volatility and currency fluctuations.
| Metal | Purity | Price (₹ per 10 g or g) |
|---|---|---|
| Gold | 24K | 1,30,000 |
| Gold | 22K | 1,20,000 |
| Gold | 18K | 1,00,000 |
| Silver | Pure | 68 (per gram) |
Why This Matters
BozokMedia analysis shows that gold’s steadiness signals a safe‑haven for investors, whereas silver’s decline may hint at shifting monetary policies.
"The dip in gold is a short‑term market correction, but its long‑term allure remains strong," says financial analyst Rajesh Singh.
Frequently Asked Questions
Q1: Does the drop in gold price mean a loss for investors?
A: Not necessarily; it’s a temporary adjustment, and gold continues to serve as a long‑term safe asset.
Q2: Who benefits from the falling silver prices?
A: Industries using silver, especially electronics and jewelry manufacturers, can profit from lower input costs.