gold price forecast Archives - Vizag One https://www.vizagone.com/tag/gold-price-forecast/ Visakhapatnam - City of Destiny Mon, 02 Sep 2024 01:14:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.vizagone.com/wp-content/uploads/2023/11/cropped-vizagone-logo-500x500-jpg-32x32.jpg gold price forecast Archives - Vizag One https://www.vizagone.com/tag/gold-price-forecast/ 32 32 Gold Rates Today: Market Stability and Future Projections https://www.vizagone.com/business/gold-rates-today-market-stability-and-future-projections/ https://www.vizagone.com/business/gold-rates-today-market-stability-and-future-projections/#respond Mon, 02 Sep 2024 01:14:39 +0000 https://www.vizagone.com/?p=26283 Discover the latest updates on gold rates and market insights. Learn about the stability in prices and forecasts for the future.

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]]> The latest trends in the gold market indicate a period of relative calm as prices have shown minimal fluctuations over the past few days. Despite a slight dip in prices on Monday, gold rates have largely remained steady across major cities in the country. However, experts from the World Gold Council predict a significant rise in gold consumption in India this year, hinting at a potential price increase in the near future.

Taking a closer look at the current rates, in Delhi, 10 grams of 22-carat gold are priced at Rs. 67,090, while 24-carat gold is at Rs. 73,180. Meanwhile, Mumbai sees 22-carat gold at Rs. 66,940 and 24-carat gold at Rs. 73,030. Chennai, Kolkata, Hyderabad, Vijayawada, and Visakhapatnam also reflect similar pricing trends for both 22-carat and 24-carat gold.

In parallel with the gold market, silver prices have mirrored the movements of gold. Recent data shows a decrease in silver prices across major cities, with Delhi and Mumbai listing silver at Rs. 86,900 per kilogram. The highest silver price per kilogram is recorded in Chennai, Kerala, Hyderabad, Visakhapatnam, and Vijayawada at Rs. 91,900.

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