Gold and silver prices in India keep changing daily because of international markets and local demand. Today, gold prices are near ₹1,58,000 per 10 grams for 24K, while silver trades around ₹2,95,000 per kg. These rates are important for investors, jewellers, and buyers planning purchases. Knowing the latest prices helps people make smart decisions about buying, selling, or investing. Let’s look at the latest rates and six important points that every person should know about gold and silver today.
Today’s Gold Prices Across India
Today, 24K gold costs around ₹1,58,000 per 10 grams, and 22K gold is priced close to ₹1,45,000. Gold prices vary slightly between cities like Delhi, Mumbai, Chennai, and Kolkata because of local taxes and making charges. Gold remains one of India’s favourite investments for long-term wealth and security. Many people prefer buying gold during weddings and festivals, which increases its price during those times.
Today’s Silver Prices in the Market
Silver is trading near ₹295 per gram or around ₹2,95,000 per kg. Silver is not just used for ornaments but also plays a big role in electronics and industries. Because of its dual demand—both industrial and investment—its price can change faster than gold. People often buy silver coins and bars for savings and festive occasions.
Reasons Behind Daily Price Fluctuations
Gold and silver prices depend on global factors such as the US dollar rate, crude oil prices, and inflation. When the dollar weakens or stock markets fall, investors shift towards safe assets like gold, raising its price. Local demand and international trading on MCX (Multi Commodity Exchange) also influence daily rate changes.
How Retail Gold Prices Differ from Market Rates
The rates displayed online or on television are base market rates. When you buy gold jewellery, jewellers add making charges, GST, and purity-related costs. For example, if 24K gold is ₹1,58,000 per 10 grams, the final price can go up to ₹1,62,000 or more depending on design and shop location. Always compare before buying.
Investment Benefits in Gold and Silver
Gold and silver are trusted investments that protect wealth from inflation. Gold bonds, gold ETFs, and silver coins are popular choices among youth today. Unlike stock markets, metals offer stable returns during uncertain times. Regular tracking of daily prices helps investors buy at the right time and earn better profits.
Smart Tips for Buyers and Investors
Before buying, always check live gold and silver rates from trusted sources. Avoid buying on high-demand days when prices peak. Compare making charges across jewellers, and ask for BIS hallmark certification for purity. For investment, explore government schemes like Sovereign Gold Bonds that offer safety and interest benefits.
Conclusion
Gold and silver rates today show how dynamic India’s precious metal market is. By staying updated on prices and market trends, you can make smarter buying and investment choices. Whether for jewellery, savings, or trading, gold and silver continue to shine as India’s favourite assets of value and trust.