Gold Price Today: Today, Saturday, 28 December 2024, gold has become expensive. 24 carat and 22 carat gold rates have become costlier by Rs 300. 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 71,600. Check what is the price of gold in your city.
Rate of one kilogram silver on 28th December
The price of one kilogram of silver in the country is trading at Rs 92,500. Yesterday the price of Chandra was at Rs 91,600. There has been an increase of Rs 900.
Gold price in bullion market
A sharp rise in the prices of gold and silver was seen in the bullion market of the national capital Delhi on Friday. Gold price rose by Rs 350 to Rs 79,200 per 10 grams, while silver price rose by Rs 900 to Rs 91,700 per kg. During the week, silver gained a total of Rs 3,550 per kg. In global markets, Comex gold futures fell by $ 13.70 to $ 2,640.20 an ounce. Whereas, silver futures fell 0.74 percent to close at $ 30.17 an ounce.
Why is gold becoming expensive at the end of the year?
According to traders, continuous buying and selling by jewellers, weak rupee and global tensions like Russia-Ukraine war and conflict in West Asia have increased the demand for gold. The rupee’s decline also strengthened demand for safe-haven assets. Experts say that the possibility of major policy changes in the new year and the strength of the dollar may impact the market.
This is the gold rate on 28th December 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 | 78,000 |
| Ahmedabad | 71,550 | 78,000 |
| Bhubaneswar | 71,500 | 78,000 |
| Bengaluru | 71,500 | 78,000 |
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