📱

Read on Your E-Reader

Thousands of readers get articles like this delivered straight to their e-reader. Works with Kindle, Boox, and any device that syncs with Google Drive or Dropbox.

Learn More

This is a preview. The full article is published at news18.com.

Silver Hits Fresh High, Crosses Rs 2.5 Lakh; Gold Price At Rs 1.40 Lakh: Check Rates In Your City

Silver Hits Fresh High, Crosses Rs 2.5 Lakh; Gold Price At Rs 1.40 Lakh: Check Rates In Your City

Silver Hits Fresh High, Crosses Rs 2.5 Lakh; Gold Price At Rs 1.40 Lakh: Check Rates In Your City Gold and Silver Rates Today, December 26: In Mumbai, the price of 24-carat gold stands at Rs 1,38,930 per 10 grams, while 22k gold is available at Rs 1,27,350 per 10 grams. Gold and Silver Rates Today, December 26: Continuing its upside momentum, gold and silver prices hit new highs on Friday, December 26, amid safe-haven demand and expectations that US interest rates will fall further next year. In Mumbai, the price of 24-carat gold stood at Rs 1,38,930 per 10 grams, while 22k gold was available at Rs 1,27,350 per 10 grams. These rates do not include GST and making charges. Silver was available at Rs 2,33,000 per kg in the spot market. What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On December 26? Recommended Stories City 22K Gold (per 10gm) 24K Gold (per 10gm) Delhi Rs 1,28,500 Rs 1,40,170 Jaipur Rs 1,28,500 Rs 1,40,170 Ahmedabad Rs 1,28,400 Rs 1,40,070 Pune Rs 1,28,350 Rs 1,38,930 Mumbai Rs 1,28,350 Rs 1,40,020 Hyderabad Rs 1,28,350 Rs 1,40,020 Chennai Rs 1,28,350 Rs 1,40,020 Bengaluru Rs 1,28,350 Rs 1,40,020 Kolkata Rs 1,28,350 Rs 1,40,020 In the international market also, gold prices surged to a record high in early Asian trading on Friday, buoyed by safe-haven demand and rising expectations of further interest rate cuts by the US Federal Reserve. US spot gold rose 0.5% to $4,501.44 per ounce by 0209 GMT, after touching a record peak of $4,530.60 earlier in the session. Gold has surged more than 70% this year, its biggest annual gain since 1979, driven by safe-haven demand, expectations of US rate cuts, robust central-bank buying, de-dollarisation trends and ETF inflows, with traders pricing in two rate cuts next year. Silver has jumped more than 150% over the same period, outpacing gold on strong investment demand, its inclusion on the US critical minerals list and momentum buying. What Factors Affect Gold Prices In India? International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country. In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals. With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends. Click here to add News18 as your preferred news source on Google. Follow News18 on Google . Join the fun, play QIK games on News18 . Stay updated with all the latest business news, including market trends , stock updates , tax , IPO, banking finance , real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated. News business savings-and-investments Silver Hits Fresh High, Crosses Rs 2.5 Lakh; Gold Price At Rs 1.40 Lakh: Check Rates In Your...

Preview: ~500 words

Continue reading at News18

Read Full Article

More from Text News in news18.com, Text Latest News, Text News

Subscribe to get new articles from this feed on your e-reader.

View feed

This preview is provided for discovery purposes. Read the full article at news18.com. LibSpace is not affiliated with News18.

Silver Hits Fresh High, Crosses Rs 2.5 Lakh; Gold Price At Rs 1.40 Lakh: Check Rates In Your City | Read on Kindle | LibSpace