Gold and silver prices continue their trend of fluctuation, driven by global market developments and demand. On Friday, November 22, 2024, early morning rates reveal mixed trends, with a marginal rise in gold prices and a slight decline in silver.
Current Rates for Gold and Silver:
Gold Prices (per 10 grams):
- Hyderabad, Visakhapatnam, Vijayawada:
- 22 Carat: ₹71,460
- 24 Carat: ₹77,960
- Delhi:
- 22 Carat: ₹71,610
- 24 Carat: ₹78,110
- Mumbai:
- 22 Carat: ₹71,460
- 24 Carat: ₹77,960
- Chennai:
- 22 Carat: ₹71,460
- 24 Carat: ₹77,960
- Bengaluru:
- 22 Carat: ₹71,460
- 24 Carat: ₹77,960
Silver Prices (per kg):
- Hyderabad, Chennai, Vijayawada, Visakhapatnam: ₹100,900
- Delhi, Mumbai, Bengaluru: ₹91,900
Key Insights:
- Gold Prices: A modest increase of ₹10 has been observed, maintaining steady demand among consumers.
- Silver Prices: A decline of ₹100 per kg has provided slight relief to those keeping an eye on silver investments.
Market Trends:
The rise in gold prices is attributed to international developments, including currency fluctuations and geopolitical influences. On the other hand, the slight decrease in silver prices reflects changes in industrial demand and global trading trends.
Gold and silver remain popular choices for investment and savings, particularly during times of economic uncertainty. It is essential to monitor these fluctuations to make informed purchasing decisions.
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