Tension has increased in West Asia due to renewed military action between the US and Iran. These developments have affected the global market. The rise in crude oil prices has changed investor sentiment, which has also affected gold and silver prices. Due to this, gold prices have declined for the second consecutive day in India today. Silver prices have also declined today. After remaining stable for one day, gold prices have declined for the second consecutive day in the capital Delhi. In the last two days, the price of 10 grams of 24 carat gold has declined by a total of ₹1,430. Similarly, the price of 10 grams of 22 carat gold has declined by ₹1,310.

In today's trading, the price of 10 grams of gold of both 24 carat and 22 carat has decreased by another ₹10.

Silver is also cheaper

Like gold, silver prices have also been under pressure. Geopolitical tensions, along with a slight decrease in industrial demand, have led to a decline in silver prices. After remaining stable for two consecutive days, 1 kg of silver fell by ₹100 today.

Gold prices today in major cities of the country

Today, the prices of 10 grams of gold of 18-carat, 22-carat, and 24-carat purity have also changed in 10 major cities across the country. If you're considering buying gold, it may be more beneficial to make a purchase decision only after knowing the latest prices in your city.

According to experts, international developments, dollar rates, crude oil prices, and global supply and demand have a direct impact on gold and silver prices. Therefore, these prices are likely to remain volatile over the next few days.

Silver also fell after two days

Silver prices have been fluctuating significantly over the past few days. Today, 1 kg of silver in Delhi costs ₹2,34,900. Silver is selling at similar rates in Mumbai and Kolkata. However, in Chennai, the price is ₹2,39,900 per kg, making it the most expensive among the four major metro cities.

PC: TV9