Gold fell by ₹ 1,630 to ₹ 75,451, silver fell by ₹ 1,345 to ₹ 88,100
There has been a big drop in the prices of gold and silver. The price of 10 grams of 24 carat gold fell by ₹ 1,630 to ₹ 75,451. At the same time, silver is selling at ₹ 88,100 per kg, down by ₹ 1,345. Experts say that by June 2025, gold can reach ₹ 85,000 per 10 grams.
INDC Network : Business : Gold became cheaper by ₹ 1,630 and reached ₹ 75,451, Silver fell by ₹ 1,345 and reached ₹ 88,100
Fall in the price of gold and silver
There was a big decline in the prices of gold and silver on Monday .
- Gold: Down by ₹1,630 to ₹75,451 per 10 gram (24 carats).
- Silver: Cheaper by ₹1,345 to ₹88,100 per kg.
Gold prices in major metro cities (₹ per 10 grams)
Metropolitan | 22 carat gold | 24 carat gold |
---|---|---|
Delhi | ₹70,950 | ₹77,390 |
Mumbai | ₹70,800 | ₹77,240 |
Kolkata | ₹70,800 | ₹77,240 |
Chennai | ₹70,800 | ₹77,240 |
Bhopal | ₹70,850 | ₹77,290 |
Experts' Opinion: Future Predictions of Gold Prices
According to Ajay Kedia , director, Kedia Advisory :
- There is little chance of gold falling below Rs 74,000 .
- Due to interest rate cut, purchase of Gold ETF will increase .
- By June 2025, the price of gold may reach ₹85,000 per 10 grams .
Buy only certified gold
While buying gold, definitely check the BIS hallmark and 6 digit HUID code . This gives proof of the purity of gold.
Current Status of Sensex and Nifty
- Sensex: Down 250 points to 79,840.
- Nifty: Up by 70 points at 24,150.
- Out of 30 Sensex stocks, 22 fell and 8 rose.
What's Your Reaction?