Gold and Silver Prices Rise in India
Gold and Silver Prices Rise in India
Gold and Silver Prices Rise in India
News summary

On September 12, 2024, gold prices in India showed some fluctuations, with 24-carat gold priced at Rs 73,260 per 10 grams while 22-carat gold is valued at Rs 67,160 per 10 grams, up by Rs 400 for the latter compared to the previous day. The price of gold has seen an overall increase since the beginning of the year, attributed to a shift in investor sentiment towards safer assets amidst falling equity markets. In Delhi, 24-carat gold was priced at Rs 73,400, reflecting a rise of Rs 410 from the previous session. Additionally, silver prices also experienced changes, with the current rate at approximately Rs 84,480 per kg. Experts suggest that market conditions could lead to further increases in gold and silver prices in the near future, making timely purchases advisable. The volatility in gold pricing is influenced by various factors, including demand and supply dynamics and fluctuations in the US dollar value.

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