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23 Sept 2024

Gold Reaches All-Time High, Check Today's Gold & Silver Price; Are Gold Prices Expected to Rise Further?


Gold has achieved its all-time high today, September 23. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold increased by Rs 440, reaching Rs 74,533, up from Rs 74,093 previously.


In contrast, silver has seen a decline today, dropping by Rs 508 to Rs 88,409 per kg, down from Rs 88,917. Earlier this year, silver peaked at Rs 94,280 per kg on May 29.


Current Gold Prices in Major Cities


Delhi: 10 grams of 22-carat gold: Rs 69,950 | 10 grams of 24-carat gold: Rs 76,300

Mumbai: 10 grams of 22-carat gold: Rs 69,800 | 10 grams of 24-carat gold: Rs 76,150

Kolkata: 10 grams of 22-carat gold: Rs 69,800 | 10 grams of 24-carat gold: Rs 76,150

Chennai: 10 grams of 22-carat gold: Rs 69,800 | 10 grams of 24-carat gold: Rs 76,150

Bhopal: 10 grams of 22-carat gold: Rs 69,850 | 10 grams of 24-carat gold: Rs 76,150


Will the surge continue? 


Anuj Gupta, Commodity and Currency Head of HDFC Securities, suggests that gold prices may rise in the coming days, potentially reaching Rs 78,000 per 10 grams by the end of the year. Silver is also expected to rise, with predictions of reaching Rs 1 lakh per kilogram.


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