gold price today
Gold-Silver Price Today: There is a continuous increase in the prices of gold and silver amid expectations of interest rate cut from the US Federal Reserve. In the capital Delhi, 24 carat gold per ten grams has become costlier by ₹ 10 today, while 22 carat gold also went up by ₹ 10. In the last two days, the price of 24 carat gold has increased by ₹ 660 and 22 carat gold by ₹ 610.
Silver prices have also increased for the second consecutive day. Silver has become costlier by ₹ 3,100 per kilogram in Delhi. Earlier, silver had remained stable for a day, today silver is being sold in Delhi at ₹ 1,88,100 per kg. Silver is most expensive in Chennai at ₹1,96,100 per kg. Whereas in Mumbai and Kolkata it is stable at ₹ 1,88,100 per kg.
Gold rates in big cities of the country (Rs/10 grams)
What should investors do?
Gold and silver prices are giving important signals to investors. Changes in interest rates and global economic conditions are affecting their prices. Wedding season is going on, meanwhile if you are thinking of buying jewelery or investing money in gold and silver for investment purposes, then it is important to pay attention to these trends.
What will be the trend going forward?
About 70% of global institutional investors surveyed by Goldman Sachs believe that gold prices will continue to rise in the year 2026 and will reach new highs. On December 1, a tremendous rise was seen in gold, which reached its highest level in almost six weeks. Expectations of cut in US interest rates have given further support to gold. More than 900 clients gave their predictions in the survey. 36% believe the price of gold will reach above $5,000 per ounce by the end of 2026, while almost one-third expect it to be between $4,500-$5,000.