Gold prices are increasing in India. On the morning of January 27, the price of 24-carat gold in Delhi rose to ₹162,110 per 10 grams. The price in Mumbai reached ₹161,960 per 10 grams. The spot price of gold in the international market has crossed $5,000 per ounce. Let’s see the gold rates in some major Indian cities…
Delhi 148610 162110 Mumbai 148460 161960 Ahmedabad 148510 162010 Chennai 148460 161960 Kolkata 148460 161960 Hyderabad 148460 161960 Jaipur 148610 162110 Bhopal 148510 162010 Lucknow 148610 162110 Chandigarh 148610 162110
Gold Price in Delhi: 24-carat gold price in Delhi is ₹162,110 per 10 grams. The price of 22-carat gold is ₹148,610 per 10 grams.
Mumbai, Chennai and Kolkata: Currently, the price of 22-carat gold in Mumbai, Chennai and Kolkata is ₹148,460 per 10 grams, while the price of 24-carat gold is ₹161,960 per 10 grams.
Prices in Pune and Bengaluru: The price of 24-carat gold in these two cities is ₹161,960 per 10 grams and the price of 22-carat gold is ₹148,460 per 10 grams.
Analysts see the possibility of further rise in gold. Societe Generale estimates that gold will reach $6,000 an ounce by the end of the year. Meanwhile, Morgan Stanley has said that this rally could continue, and in a bullish environment, gold could reach $5,700 an ounce. Expectations are high for the US Federal Reserve to cut key interest rates. If interest rates fall, investment in safe assets like gold and silver may increase. The Federal Open Market Committee meeting is scheduled to be held on January 27-28.
price of silver
Another precious metal, silver, is also seeing a rise. On the morning of January 27, the price was ₹360,100 per kg. The spot price of silver in international markets is $113.46 an ounce.