Gold prices fell sharply on the first day of the week, today gold became cheaper by this many rupees
In Delhi, the price of 24-carat gold is ₹77,760 per 10 grams, while 22-carat gold costs ₹71,290 per 10 grams. These rates reflect a consistent decline over the past few days.
Gold prices witnessed a decline today, Monday, December 4, 2024, across major cities in India. In the capital city of Delhi, the price for 24-carat gold was recorded at ₹77,760 per 10 grams, while 22-carat gold stood at ₹71,290 per 10 grams. This marks a notable drop of ₹380 per 10 grams compared to last week’s rates. Silver prices have also seen a slight dip, with a ₹100 decrease, bringing the cost to ₹91,900 per kilogram. Let’s take a closer look at how gold prices have moved in the top cities across the country:
Gold Prices in Delhi
In Delhi, the price of 24-carat gold is ₹77,760 per 10 grams, while 22-carat gold costs ₹71,290 per 10 grams. These rates reflect a consistent decline over the past few days.
Chennai Gold Price
Chennai has also reported falling gold rates. For 22-carat gold, the price is ₹71,140 per 10 grams. Meanwhile, 24-carat gold is being sold at ₹77,610 per 10 grams.
Gold Rates in Mumbai and Kolkata
Gold prices in Mumbai and Kolkata have remained similar. 22-carat gold is priced at ₹71,140 per 10 grams in both cities. The price of 24-carat gold stands at ₹77,610 per 10 grams.
National Trend for Gold Prices
Gold prices across the nation have been showing a downward trend over the past week. The global economic outlook, coupled with market fluctuations, has contributed to these changes. Here’s how gold prices stand in other major cities:
- Hyderabad: ₹71,140 (22K), ₹77,610 (24K)
- Bangalore: ₹71,140 (22K), ₹77,610 (24K)
- Ahmedabad: ₹71,140 (22K), ₹77,610 (24K)
- Pune: ₹71,140 (22K), ₹77,610 (24K)
- Jaipur: ₹71,290 (22K), ₹77,760 (24K)
These rates are indicative of market trends but can vary slightly depending on individual jewelers.
Silver Prices in Key Cities
Silver, another popular investment choice, has also experienced a price drop. Here’s how silver rates stand today:
- Delhi: ₹91,900 per kg
- Mumbai: ₹91,900 per kg
- Kolkata: ₹91,900 per kg
- Chennai: ₹92,100 per kg
Is This the Right Time to Invest?
The recent drop in gold prices could be a good opportunity for those looking to invest. However, it is crucial to keep an eye on market trends and consult with financial advisors for long-term investment strategies.
