Business News Desk – Today i.e. Tuesday 24th December 2024, gold has become cheaper. Gold has become cheaper by Rs 150 compared to yesterday. The rate of 24 carat gold is trading around Rs 77,300. If you have a wedding at home then this is a bit of a relief news as gold is trading much below its previous peak of Rs 82,000. The rate of 22 carat gold has become cheaper by Rs 100. Most of the jewelery in the country is made of 22 carat gold. Check what is the price of gold in your city.
Delhi 71,050 77,500 Noida 71,050 77,500 Ghaziabad 71,050 77,500 Jaipur 71,050 77,500 Gurgaon 71,050 77,500 Lucknow 71,050 77,500 Mumbai 70,900 77,350 Kolkata 70,900 77,350 Patna 70,950 77,400 Ahmedabad 70,950 77,400 Bhubaneswar 70,900 77,350 Bengaluru 70,900 77,350
Price of one kilogram silver on 24th December
There is a rise in gold prices during the wedding season, but recently there has been a decline. In Budget 2023, Finance Minister Nirmala Sitharaman reduced the duty on gold, which brought down its prices by Rs 6,000. Earlier, gold had reached close to Rs 82,000 per 10 grams and silver had crossed Rs 1,00,000 per kg. At present, gold in the country is trading in a certain range, much below its peak.
Will the price of gold rise further in 2025?
Gold has been trading in a stable range for the last two weeks, but experts believe that its price may go up to Rs 90,000 per 10 grams by 2025. Therefore investing in gold in 2024 can be beneficial. Gold prices are influenced by local and international factors such as US economic data and Federal Reserve interest rates.
