Gold prices fall in Kolkata as of October 25, 2024, making it an ideal time for jewelry buyers and investors to consider their options.
For many Bengalis, gold is not just a form of savings but an integral part of cultural life. Whether prices go up or down, there is always interest in gold’s market trends. As of today, October 25, 2024, Kolkata saw a decline in gold prices, with hallmark gold jewelry now priced at ₹7,495 per gram—a 0.60% drop compared to the previous day.
Gold Rates in Kolkata (October 25, 2024)
Today’s rates reflect decreases across several gold categories. Below are the detailed prices for hallmark gold jewelry, retail gold, and gold bars in Kolkata:
| Category | Purity | 1 Gram (₹) | 10 Grams (₹) | Change |
|---|---|---|---|---|
| Hallmark Gold Jewelry | 22K | ₹7,495 | ₹74,950 | -₹45/-₹450 |
| Retail Gold | 24K | ₹7,885 | ₹78,850 | -₹50/-₹500 |
| Gold Bar | 24K | ₹7,845 | ₹78,450 | -₹50/-₹500 |
Why Gold Prices are Changing
Gold prices are influenced by numerous factors, including international market trends, currency exchange rates, and demand-supply dynamics. This recent decline offers a favorable opportunity for buyers looking to invest in gold. The price drop is especially advantageous for those purchasing jewelry for upcoming festivities and weddings.
As Kolkata observes these updated rates, investors can expect further fluctuations in the coming days, as global economic conditions play a significant role in shaping domestic gold prices.