Gold and Silver Prices Surge in India

Gold prices have seen a significant increase across various purities as the wedding season drives demand, with 24-carat gold priced at Rs 76,559 per 10 grams on November 21, 2024. In contrast, silver prices have slightly decreased, now at Rs 90,620 per kg. In Bengaluru, standard gold (99.5 purity) is reported at Rs 79,970 per 10 grams, reflecting regional price variations. Hallmarking is emphasized as a crucial aspect for buyers to ensure authenticity and value, with various brands like Kalyan and Tanishq listing 22K gold at prices around Rs 7,115 to Rs 7,145 per gram. The ongoing price increases are causing distress among consumers, particularly women seeking gold for weddings. Potential buyers are advised to check gold purity and current market rates before purchasing.