The gold market is booming this wedding season, and there’s good news for buyers: gold prices have dropped significantly over the past two days. Just yesterday, prices plummeted by over ₹4000, and today there has been another minor dip, bringing further relief to potential buyers. Silver prices have also seen a decrease, adding to the joy of precious metal enthusiasts. If you’re planning to buy gold or silver on a budget, now might be the best time. Here’s the latest price breakdown.
22-Carat Gold Price:
Today, the price of 22-carat gold per gram is ₹7044. For 10 grams, it stands at ₹70,440, and a 100-gram purchase will cost ₹7,04,400. Compared to yesterday, the price has decreased by ₹100.
24-Carat Gold Price:
For those preferring 24-carat gold, the price per gram today is ₹7684. For 10 grams, the price is ₹76,840, and a 100-gram purchase would require ₹7,68,400. This is also a ₹100 decrease from the previous day.
18-Carat Gold Price:
The 18-carat gold rate today is ₹5763 per gram. For a 10-gram purchase, it would cost ₹57,630, while 100 grams is priced at ₹5,76,300. A reduction of ₹100 is noted here as well.
Silver Price:
The price of silver has also dipped. Today, 100 grams of silver is priced at ₹9,090, while 1 kilogram costs ₹90,900, reflecting a ₹100 decrease since yesterday.
Why Now is the Perfect Time to Buy
With prices consistently dropping, buyers are finding this period ideal to invest in gold and silver, particularly during a high-demand season like weddings. Prices are typically expected to rise again once the demand surge levels out. Act now to secure a better deal.