00:00Yesterday, 10 grams of gold reached Rs 80,000 in the country and 1 kg of silver reached Rs 1,04,000.
00:07Today, gold has become cheaper by Rs 600.
00:10If we talk about silver, then we have also seen a little correction in silver.
00:14And the price of silver is trading at Rs 1,01,900 today.
00:18Let's know what is the price of gold in the big cities of the country.
00:21First of all, the price of 24 karat gold in Delhi is Rs 89,610 per 10 grams.
00:27The price of 22 karat gold is Rs 72,990 per 10 grams.
00:31Apart from this, if we talk about Noida, Ghaziabad, Lucknow and Jaipur, then here too you will get to see the same price.
00:3624 karat Rs 89,610, 22 karat Rs 72,990.
00:41If we talk about the rate of gold in Patna and Ahmedabad, then today's price is 24 karat Rs 89,510, 22 karat Rs 72,890.
00:51If we talk about Bhubaneswar, Mumbai, Kolkata, then today's retail price of 24 karat is Rs 89,470, 22 karat Rs 72,840.
01:00Apart from this, if we talk about Chennai, Bangalore and Hyderabad, then here 24 karat Rs 89,407, 22 karat Rs 72,840.
01:10Let's know why the price of gold and silver is increasing.
01:13Recently, the price of gold and silver has increased to Rs 1 lakh.
01:19There are many reasons behind this.
01:21The first reason is the seasonal demand.
01:23That is, the festive and wedding season has started in India and people buy gold and silver in large quantities, which increases their demand.
01:30And as demand increases, prices also go up.
01:33The second reason is the struggle of West Asia.
01:35Due to the ongoing struggle in West Asia, the global political situation has become tense.
01:39That is, investors around the world think it is safe to invest in gold, which increases prices.
01:44The next reason is the interest rates in America.
01:46In America, the hopes of cutting interest rates have also been increasing the prices of gold and silver.
01:51When the interest rates are low, people invest more in gold and silver, which increases prices.
01:56Apart from this, the price of the local market.
01:58Actually, in July, the government reduced the custom duty on gold and silver, which reduced the prices a little.
02:03But now, due to the festive and wedding season, demand has increased again.
02:08Apart from this, the next reason is the US election.
02:10Uncertainty about the results of the US presidential election is also a major reason for keeping gold prices high.
02:16Investors also turn to gold during uncertainty.
02:19And due to all these reasons, the prices of gold and silver are increasing.
02:22And there is a possibility of a downturn in this in the coming time.
02:26So in this case, gold and silver demand has increased a lot before Diwali.
02:30So in this case, the prices are being accepted that they can increase more.
02:33But as soon as the correction comes, it can be a good time to buy for you.
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