Stories
Gold And Silver Prices Shift On Navratri First Day Check Rates
- •A major shift in gold and silver prices has been recorded on the very first day of the Navratri festival.
- •Over the past two days, 24-karat pure gold became dearer by Rs 1,850 per 10 grams and 22-karat gold increased by Rs 1,700.
- •Gold and silver prices have remained stable across the country today with no further changes.
- •In Delhi, 24-karat gold is priced at Rs 1,51,570 per tola, while Mumbai, Kolkata, and Chennai see rates at Rs 1,51,420 per 10 grams.
- •Silver prices are steady at Rs 2,40,000 per kg in Delhi, Mumbai, and Kolkata, while Chennai records the highest at Rs 2,45,000.
Key Questions Answered
On Sunday, October 11, gold and silver prices remained stable across the country. In Delhi, 24-karat gold is priced at Rs 1,51,570 per tola and 22-karat gold at Rs 1,38,950, while Mumbai, Kolkata, and Chennai list 24-karat gold at Rs 1,51,420 per 10 grams. Silver stands at Rs 2,40,000 per kg in Delhi, Mumbai, and Kolkata, but is highest in Chennai at Rs 2,45,000 per kg.
Over the preceding week, 24-karat gold increased by Rs 2,240 and 22-karat gold rose by Rs 2,050. Silver experienced a major drop of Rs 5,000 on October 1, remained stable for eight days, and then surged by another Rs 5,000 on October 10.
Praveen Singh from Mirae Asset Sharekhan stated that gold prices are expected to trade within a specific range soon with a slight upward trend likely to persist. However, he noted that a sudden surge in global crude oil prices could exert downward pressure on gold values.
