Gold Price Today: Only three days are left for the year 2024 to end. There has been a correction in the price of gold before the arrival of the New Year. The price of gold has decreased by Rs 150. Today, Sunday, 29 December 2024, gold has become cheaper. In most cities of the country, 24 carat gold rate is trading around Rs 77,900. The price of 22 carat gold is around Rs 71,400. Check what is the price of gold in your city.
Rate of one kilogram silver on 29th December
The price of one kilogram of silver in the country is trading at Rs 92,600. Yesterday the price of silver was Rs 91,500. Silver has increased by Rs 100 per kg.
Will the price of gold increase in the new year?
Experts say that the demand for gold is increasing due to reasons like weakness of the rupee, Russia-Ukraine war and tensions in West Asia. Apart from this, investors’ interest in safe assets and buying by jewelers have also increased the prices. At the start of the new year, the strengthening of the dollar and policy changes may have further impact on the market.
bullion market rate
A rise in the prices of gold and silver was recorded in the bullion market of Delhi on Friday. Gold rose by Rs 350 to Rs 79,200 per 10 grams. At the same time, the price of silver increased by Rs 900 to Rs 91,700 per kg. This week, silver increased by a total of Rs 3,550 per kg.
This is the gold rate on 29th December 2024
| city name | 22 carat gold rate | 24 carat gold rate |
| Delhi | 71,500 | 77,990 |
| Noida | 71,500 | 77,990 |
| Ghaziabad | 71,500 | 77,990 |
| Jaipur | 71,500 | 77,990 |
| Gurgaon | 71,500 | 77,990 |
| Lucknow | 71,500 | 77,990 |
| Mumbai | 71,350 | 77,840 |
| Kolkata | 71,50 | 77,840 |
| Patna | 71,400 | 77,890 |
| Ahmedabad | 71,400 | 77,890 |
| Bhubaneswar | 71,350 | 77,840 |
| Bengaluru | 71,350 | 77,840 |
How is the price of gold decided?
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