Gold price has risen today i.e. on 29th November. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold has risen by Rs 451 to Rs 76,738. Earlier, the price of gold was Rs 76,287 per ten grams.
At the same time, there is a rise in the price of silver today. It has increased by Rs 1346 to Rs 89,250 per kg. Earlier, silver was at Rs 87,904. At the same time, on October 23, silver made an all-time high of Rs 99,151 and on October 30, gold made an all-time high of Rs 79,681.
Gold price in 4 metro cities and Bhopal
- Delhi: The price of 10 grams of 22-carat is Rs 71,760 and the price of 10 grams of 24-carat is Rs 78,260.
- Mumbai: The price of 10 grams of 22-carat is Rs 71,600 and the price of 10 grams of 24-carat is Rs 78,110.
- Kolkata: The price of 10 grams of 22-carat is Rs 71,600 and the price of 10 grams of 24-carat is Rs 78,110.
- Chennai: The price of 10 grams of 22-carat is Rs 71,600 and the price of 10 grams of 24-carat is Rs 78,110.
- Bhopal: The price of 10 grams of 22-carat is Rs 71,650 and the price of 10 grams of 24-carat is Rs 78,160.
Gold has increased by more than Rs 13,386 so far this year
According to IBJA, so far this year, the price has increased by Rs 13,386. The price of silver has increased by Rs 15,855. On January 1, gold was at Rs 63,352 per 10 grams, which has now reached Rs 76,738 per 10 grams. The price of one kg of silver has increased from Rs 73,395 per kg to Rs 89,250 per kg.
It may reach up to 85 thousand rupees by June
Ajay Kedia, director of Kedia Advisory, says that after a big rally, it was expected to fall, and that has already happened. There is little chance of the price falling below Rs 74,000 per 10 grams.
After America, the UK has cut interest rates. This will increase the purchase of gold ETFs. In such a situation, by June 30 next year, it can reach Rs 85,000 per 10 grams.
