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Gold Prices Stable with Potential Surge in India’s Consumption

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The price of gold seems to have calmed down a bit. There is no significant increase in the price of gold in the last two days. Gold prices have been stable on Sunday. Gold prices remained unchanged in all major cities of the country. However, the World Gold Council estimates that the consumption of gold in India is likely to increase significantly this year. This projection has led experts to anticipate a forthcoming increase in gold prices, making it an advantageous period for prospective gold buyers.

Let’s take a look at the current prices of gold in various major cities across the country:

  • Delhi: 10 grams of 22-carat gold is priced at Rs. 67,100, while 24-carat gold costs Rs. 73,040.
  • Mumbai: The price of 22-carat gold stands at Rs. 66,950, with 24-carat gold priced at Rs. 73,040.
  • Chennai: 10 grams of 22-carat gold is priced at Rs. 66,950, and 24-carat gold is available at Rs. 73,040.
  • Kolkata: The price of 10 grams of 22-carat gold is Rs. 66,950, and 24-carat gold is priced at Rs. 73,040.

In Telugu states:

  • Hyderabad: 10 grams of 22-carat gold is priced at Rs. 66,950, while 24-carat gold costs Rs. 73,040.
  • Vijayawada: The price of 10 grams of 22-carat gold is Rs. 66,950, and 24-carat gold is priced at Rs. 73,040.
  • Visakhapatnam: 22-carat gold is available at Rs. 66,950, and 24-carat gold costs Rs. 73,040.

Regarding silver prices, the trend mirrors that of gold, with silver maintaining stability across major cities. The latest silver price per kilogram in Delhi and Mumbai is Rs. 87,000, in Bangalore it continues at Rs. 85,000, while in Chennai, Kerala, Hyderabad, Visakhapatnam, and Vijayawada, the price per kilogram of silver is at its highest at Rs. 92,900.

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