The prices of gold and silver saw a change once again on October 10th. After witnessing a significant drop in gold prices over the past week, the rates for gold are beginning to rise. This increase is attributed to the upcoming festive season, where the demand for gold tends to surge, particularly during Diwali.
Many individuals choose to purchase gold coins on the auspicious occasion of Dhanteras. In the last 24 hours, the price of 24-karat/22-karat (10 grams) gold has increased by INR 790. Experts predict that there may be further fluctuations in gold prices due to the recent volatility in the stock market. If you are considering buying gold during this period, it’s advisable to check the rates in various metropolitan cities.
- In Bhubaneswar, the capital of Odisha, the price of 24-karat gold has reached INR 58,200 per 10 grams, while 22-karat gold is trending at INR 53,350 per 10 grams.
- Moving on to Delhi, 24-karat gold is priced at INR 58,350 per 10 grams, with 22-karat gold at INR 53,500 per 10 grams.
- In Mumbai, 24-karat gold is trending at INR 58,200 per 10 grams, while 22-karat gold is priced at INR 53,350 per 10 grams.
- Chennai sees 24-karat gold at INR 56,330 per 10 grams, and 22-karat gold at INR 53,650 per 10 grams.
- Kolkata reports 24-karat gold at INR 58,200 per 10 grams and 22-karat gold at INR 53,350 per 10 grams.
- In Bangalore, 24-karat gold is priced at INR 58,200 per 10 grams, with 22-karat gold at INR 53,500 per 10 grams.
- Finally, in Visakhapatnam, 24-karat gold is trending at INR 58,200 per 10 grams, and 22-karat gold is available at INR 53,350 per 10 grams.
- As we approach the festive season, these prices may continue to fluctuate, so it’s essential to stay updated if you plan to make any gold purchases.
Please note that gold prices are influenced by various factors, including international market trends, currency rates, and demand-supply dynamics. Therefore, it’s advisable to check the latest rates before making any investments or purchases in gold.