Gold Price Today:Today is the last day of the year 2024. Gold has become expensive on the last day of the year, 31 December 2024. On Tuesday, the price of gold increased by Rs 150 compared to yesterday’s Monday. In most cities of the country, 24 carat gold rate is trading around Rs 78,000. The price of 22 carat gold is around Rs 71,550. Check what is the price of gold in your city.
Silver became cheaper on 31 December 2024
The price of one kilogram of silver in the country is trading at Rs 92,500. Yesterday the price of silver was Rs 91,600. Silver has fallen by Rs 100 per kg.
Will the price of gold increase in the new year?
The price of gold is expected to rise in the new year. Experts believe that the weakness of the rupee, Russia-Ukraine war, and tensions in West Asia have boosted the demand for gold. Additionally, increasing interest in safe investment options and buying by jewelers also boosted prices. The strength of the dollar and policy changes of central banks can also impact the market, due to which fluctuations in gold prices may be seen.
This is the gold rate on December 31, 2024
| city name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 71,650 | 78,150 |
| Noida | 71,650 | 78,150 |
| Ghaziabad | 71,650 | 78,150 |
| Jaipur | 71,650 | 78,150 |
| Gurgaon | 71,650 | 78,150 |
| Lucknow | 71,650 | 78,150 |
| Mumbai | 71,500 | 78,000 |
| Kolkata | 71,500 | 78,000 |
| Patna | 71,550 | 78,050 |
| Ahmedabad | 71,550 | 78,050 |
| Bhubaneswar | 71,500 | 78,000 |
| Bengaluru | 71,500 | 78,000 |
How is the price of gold decided in the country?
Gold prices are influenced by local demand, America’s economic condition, Federal Reserve interest rates and international markets. In such a situation, the price of gold is expected to increase in the coming time.
gold and silver rate