This week, there has been a rise in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), last Saturday, i.e. on 14 September, gold was at Rs 73,044, which has now (21 September) reached Rs 74,093 per 10 grams. That is, this week its price has increased by Rs 1,049.
Talking about silver, it was at Rs 86,100 last Saturday, which has now reached Rs 88,917 per kg. This week its price has increased by Rs 2,617. This year silver reached its all-time high of Rs 94,280 per kg on 29 May. Gold made an all-time high of Rs 74,222 on 21 May.
Gold price in 4 metro cities and Bhopal
- Delhi : The price of 10 grams of 22 carat gold is Rs 69,010 and the price of 10 grams of 24 carat gold is Rs 75,270.
- Mumbai : The price of 10 grams of 22 carat gold is Rs 68,860 and the price of 10 grams of 24 carat gold is Rs 75,120.
- Kolkata : The price of 10 grams of 22 carat gold is Rs 68,860 and the price of 10 grams of 24 carat gold is Rs 75,120.
- Bhopal : The price of 10 grams of 22 carat gold is Rs 68,910 and the price of 10 grams of 24 carat gold is Rs 75,170.
So far this year, gold has increased by more than 10,500 rupees
According to IBJA, the price of gold has increased by Rs 10,741 so far this year. On January 1, gold was at Rs 63,352, which has now reached Rs 74,093 per 10 grams. At the same time, the price of one kg silver has increased from Rs 73,395 to Rs 88,917.
Gold can reach up to 78 thousand by the end of the year
According to Anuj Gupta, Commodity and Currency Head of HDFC Securities, gold and silver may see a rise in the coming days. This year, gold may reach Rs 78 thousand per 10 grams. Silver may also reach Rs 1 lakh per kilogram.
Graphics Source: VaskarAssets