Gold Price Today: Before the wedding season, the price of gold and silver is sky high, gold crosses Rs 76,000 for the first time
Gold and Silver Prices Today on 25 September 2024: According to experts, there are many reasons behind the increase in the price of gold (Gold Rate Today In India), including global economic conditions, interest rate cuts by the US Fed and tense situation around the world.
Gold Silver Price Update: Gold prices have increased today in big cities like Delhi, Jaipur, Lucknow and Chandigarh.
Gold Silver Price Today September 25, 2024: Gold prices have reached record highs across the world. Along with this, as the festive and wedding season approaches in the country, the price of gold (Gold Price Hike) is skyrocketing. Today i.e. Wednesday, September 25, the price of gold has reached record levels. For the first time in India, the price of gold has crossed Rs 76,000 per 10 grams. This jump has been seen in big cities like Delhi, Jaipur, Lucknow and Chandigarh.
Gold and Silver Rate on MCX (MCX Gold Rate Today)
In early trade on Wednesday, 10 grams of gold (Today Gold Rate) rose 0.20% to Rs 75,150. Gold has crossed the Rs 75,000 mark for the first time on MCX. In the month of September alone, gold prices have increased by a whopping 4.74%. At the same time, the price of silver (Silver Rate Today) fell by 0.18% to Rs 92,230 per kg.
Gold Rate in Delhi and other major cities of the country (Gold Rate in Delhi Today)
In Delhi, the price of 24 carat gold is Rs 76,520 and 22 carat gold is Rs 70,160 per 10 grams. In Mumbai, the price of 24 carat gold is Rs 76,370 and 22 carat gold is Rs 70,010 per 10 grams. In Kolkata, the price of 24 carat gold is Rs 76,370 and 22 carat gold is Rs 70,010 per 10 grams. In Chennai, the price of 24 carat gold is Rs 76,370 and 22 carat gold is Rs 70,010 per 10 grams.
Why is gold becoming expensive?
According to experts, there are many reasons behind the increase in gold price (Gold Rate Today in India), which include global economic conditions, interest rate cut by the US Fed (Federal Reserve Interest Rate Cut) and tense situation around the world.
Gold Price in International Market (Gold-Silver Rate Today)
International gold prices hit a record high after jumping more than 1% in the previous session, as weak US data raised the possibility of an interest rate cut. Spot gold prices in the international market rose 0.3% to above $2,665 an ounce, having hit an all-time high of $2,630.93 an ounce in the previous session.
The price of silver also reached its highest level in four months in the past day. Silver rose by 4.6% on Tuesday, which is the biggest single-day gain in four months.
Will gold become more expensive? (Gold Price Today)
Due to the continuous rise in the price of gold, people want to know whether gold will become more expensive now? Experts believe that by the end of the year, gold can reach the level of Rs 79,000 to Rs 80,000 per 10 grams on MCX.