domestic gold rates Archives - Vizag One https://www.vizagone.com/tag/domestic-gold-rates/ Visakhapatnam - City of Destiny Fri, 27 Sep 2024 02:51:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://www.vizagone.com/wp-content/uploads/2023/11/cropped-vizagone-logo-500x500-jpg-32x32.jpg domestic gold rates Archives - Vizag One https://www.vizagone.com/tag/domestic-gold-rates/ 32 32 Gold and Silver Prices Surge: Latest Updates on Carat Values and Rates in Indian Markets https://www.vizagone.com/business/gold-and-silver-prices-surge-latest-updates-on-carat-values-and-rates-in-indian-markets/ https://www.vizagone.com/business/gold-and-silver-prices-surge-latest-updates-on-carat-values-and-rates-in-indian-markets/#respond Fri, 27 Sep 2024 02:51:45 +0000 https://www.vizagone.com/?p=29295 Discover the latest trends in gold and silver prices, the impact of carat values, and the current market rates in India. From the significance of gold in Indian culture to the fluctuations in silver prices, stay informed on precious metals investments.

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Gold purity is measured in carats, with higher carat values indicating increased purity and rates. In a country heavily reliant on gold imports, domestic rates are influenced by the dollar exchange rate. Indian women, known for their love of jewelry, consider gold a staple for auspicious occasions, leading to stable demand. Gold’s cultural significance and investment appeal make it a popular choice.

Silver, along with gold, holds importance in Telugu traditions, prompting people to monitor prices regularly. Major cities in Telugu states witness record-high gold rates, while silver prices experience slight fluctuations. Stay updated on the changing prices and market dynamics to make informed decisions on precious metal investments.

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Gold and Silver Prices Skyrocket in India: Latest Updates https://www.vizagone.com/business/gold-and-silver-prices-skyrocket-in-india-latest-updates/ https://www.vizagone.com/business/gold-and-silver-prices-skyrocket-in-india-latest-updates/#respond Sat, 14 Sep 2024 01:20:24 +0000 https://www.vizagone.com/?p=27891 iscover the latest upheaval in the gold and silver markets across India as prices witness unprecedented fluctuations. Stay ahead of the curve with our comprehensive coverage of the evolving trends in precious metal prices.

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The prices of gold and silver in the country have sent shockwaves through the market. Following a sudden drop after the budget announcement, gold prices have been steadily declining. Gold holds a special place in Indian tradition, especially during weddings and auspicious occasions where gold shops are bustling with activity. However, recent developments have seen a surge in the price of gold against the backdrop of Libra.

On September 14th, the price of gold spiked to 1300 against the previous day’s rates, leaving many astonished, especially women who are active participants in the gold market. Currently, the domestic prices stand at Rs.68,260 for 10 grams of 22 carat gold and Rs.74,460 for 10 grams of 24 carat gold, with fluctuations expected based on regional dynamics.

In major cities like Chennai, Mumbai, Delhi, Hyderabad, Vijayawada, Bengaluru, and Kolkata, the prices of gold vary slightly but remain in the same range, signaling a broader trend in the market. Silver, following in gold’s footsteps, has also seen a significant increase in price, with a kilogram now priced at Rs.89,600 nationally and even higher in select regions like Chennai, Hyderabad, and Kerala where it stands at Rs.95,100.

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