November 5, 2024

Gold and silver sparkle bright this Chhoti Diwali

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On Chhoti Diwali, gold and silver prices surged in India’s bullion markets. Gold rose by ₹620 per 10 grams, while silver saw an increase of ₹1,200 per kg, with 24-carat gold crossing ₹80,000 per 10 grams in many regions.

In Delhi, 24-carat gold reached ₹80,610 per 10 grams, and 22-carat gold sold at ₹73,910. Meanwhile, silver prices soared to ₹99,100 per kg. Mumbai also recorded high rates, with 24-carat gold at ₹80,460 per 10 grams and 22-carat at ₹73,760.

Ahmedabad’s retail price for 24-carat gold hit ₹80,510, and 22-carat reached ₹73,810. In Chennai, 24-carat gold traded at ₹80,460 and 22-carat at ₹73,760. Kolkata mirrored these prices, with 24-carat at ₹80,460 and 22-carat at ₹73,760.

Lucknow’s rates were among the highest, with 24-carat gold priced at ₹80,610 and 22-carat at ₹73,910. In Patna, 24-carat gold was at ₹80,510, and 22-carat at ₹73,810.

Jaipur followed with 24-carat at ₹80,610 and 22-carat at ₹73,910. In Karnataka, Telangana, and Odisha, 24-carat gold reached ₹80,460, while 22-carat traded at ₹73,760 in Bengaluru, Hyderabad, and Bhubaneswar.

The increase reflects festive demand and market trends, with both gold and silver prices showing a steady rise across major cities. This price surge has led to widespread trading activity as buyers respond to festive needs and rising investment interest.