Gold-Silver Price Today: What is the price of 10 grams of 24-carat gold today? Check the latest rates.:A 1.9% weekly gain in gold prices helped it hold above a key support level. There are three major reasons for this increase.

News Topical, Digital Desk : Gold prices in India have seen a strong rally over the past two weeks. However, prices have remained largely stable in recent days. A weekly gain of 1.9% helped gold prices maintain their hold above a key support level.

Why did gold prices increase?

There are three reasons for this increase in gold prices. First, due to the war in Iran, people are withdrawing money from the stock market and investing it in gold. Second, central banks are rapidly buying gold. The RBI and China's POBC are increasing the amount of gold in their foreign exchange reserves. This is supporting prices.

Additionally, US inflation data and the prospect of interest rate cuts have weakened the dollar slightly, further boosting gold's luster. According to data from GoodReturns, gold prices in India are unchanged today compared to yesterday, indicating a pause after recent volatility.

gold price today

Today, the price of 1 gram of 24-carat gold is ₹15,093. 8 grams costs ₹1,20,744, while 10 grams costs ₹1,50,930. 100 grams of 24-carat gold costs ₹15,09,300.
In the 22-carat segment, the price per gram is ₹13,835, unchanged from yesterday. The price for 8 grams is ₹110,680, while the price for 10 grams is ₹138,350. The price for 100 grams is ₹1383,500.
Similarly, 1 gram of 18-carat gold costs ₹11,320, while 8 grams costs ₹90,560. 10 grams costs ₹1,13,200 and 100 grams costs ₹11,32,000.

Silver price

There is no change in the price of silver in the country today. Today, the price of silver in India remains at Rs 250 per gram and Rs 2,50,000 per kilogram. In many cities like Mumbai, Delhi, Kolkata, Bengaluru, Pune, Ahmedabad, the price of 10 grams of silver is Rs 2,500, the price of 100 grams is Rs 25,000 and the price of one kilogram of silver is Rs 2,50,000. In Chennai and Hyderabad, the price per 10 grams, 100 grams and one kilogram is Rs 2,550, Rs 25,500 and Rs 2,55,000 respectively.