Gold Price Today:
Gold prices in India are rising sharply again after a brief period of decline. The metal, which recently slipped below ₹1.22 lakh per 10 grams, is now moving upward at a fast pace. Over the last four to five days, the price has increased by nearly ₹6,000 per 10 grams, worrying buyers who were expecting relief ahead of the wedding season.
On November 14, the price of 24-carat gold reached ₹1,28,660 for 10 grams, while 22-carat gold stood at ₹1,17,910. The sudden jump has left customers confused, especially after the metal showed a downward trend just a week ago. The spike continued even yesterday, with more than ₹2,000 added in a single day. People planning to buy gold are now re-evaluating their budgets.
Silver showed an even bigger jump. The price climbed by ₹10,000 in a single day, taking the current rate to ₹1,73,100 per kilogram. The strong demand seen over the past few weeks pushed silver closer to its highest levels. Both metals are now moving in the same upward direction, leaving customers uncertain about the right time to purchase.
Prices vary across major cities. In Hyderabad, 24-carat gold costs ₹1,28,630, while the 22-carat price remains at ₹1,17,910. In Delhi, the 24-carat rate touched ₹1,28,780, and 22-carat gold is priced at ₹1,18,060. Mumbai recorded ₹1,28,660 for 24-carat gold and ₹1,17,910 for 22-carat. Chennai continues to stay on the higher side with ₹1,29,830 for 24-carat and ₹1,19,010 for 22-carat. Bengaluru follows the same pattern as Hyderabad.
Strong global cues, investor demand and rising silver purchases are influencing the price trend. Customers who planned to buy gold during upcoming festivals or family events are now worried about the growing cost. Many are waiting to see whether the rates ease or continue to climb further.
Also Read:Aadhaar Hacking: Telangana Operators Receive Midnight Login Alerts