00:00The price of gold is ready to reach a new peak before the budget, although on 22nd January there has been no significant change in the price of gold.
00:09The price of gold is trading at the same rate as yesterday.
00:12In most of the cities of the country, the price of 10 grams of gold is trading at around Rs. 81,300.
00:18Apart from this, if we talk about silver, then the price of 1 kg of silver in the country is Rs. 96,500.
00:25The price of silver has also not changed much on 22nd January, and it is trading at the same rate as yesterday.
00:32Apart from this, let's know what is the price of gold in big cities of the country.
00:37First of all, in Delhi, the price of 22 carats of gold is Rs. 74,650, while the price of 24 carats of gold is Rs. 81,380.
00:45In Noida, the price of 22 carats of gold is Rs. 74,650 and the price of 24 carats of gold is Rs. 81,380.
00:51Apart from this, if we talk about Ghaziabad, Jaipur, Gurgaon and Lucknow, then you will also see the same price here.
00:57The price of 22 carats of gold is Rs. 74,650 and the price of 24 carats of gold is Rs. 81,380.
01:04Apart from this, in Mumbai and Kolkata, the price of 22 carats of gold is Rs. 74,500 and the price of 24 carats of gold is Rs. 81,230.
01:11In Patna and Ahmedabad, the price of 22 carats of gold is Rs. 74,550 and the price of 24 carats of gold is Rs. 81,280.
01:18In Bhubaneswar and Bengaluru, the price of 22 carats of gold is Rs. 74,500 and the price of 24 carats of gold is Rs. 81,230.
01:27So, this is the latest price of gold in your city.
01:30Apart from this, let's know how the prices of gold are fixed in the country.
01:35In India, the price of gold is fixed on the basis of the exchange rate of rupees and dollars in the international market,
01:42and on the basis of the demand and supply of the country.
01:44The increase in demand for gold during the wedding season and festivals increases the prices.
01:49This has been the trend of the past few years.
01:51Apart from this, the prices of gold in the international market, such as New York and London's Bullion Market, directly affect the prices of gold in India.
01:58Now let's talk about how gold has returned in the past 6 months.
02:03If we talk about July 23, 2024, the day the budget was presented, gold was trading at around Rs. 82,000 before the budget.
02:11After reducing the custom duty on the government's gold in the budget, the price of gold was reduced to Rs. 6,500.
02:17That is, the price of gold at that time was around Rs. 76,000 and this is for 24 carats.
02:22However, after about 6 months, the price of gold has come to its old peak.
02:27If you look at the return of the past 6 months, it is almost equal to zero.
02:31Because first it was 82,000 and after that it is still around 82,000.
02:36So there is a suggestion for you that whenever there is a correction in the price of gold, it is the best time to buy it for you.
02:42If we talk about the end of this year, then the target of Rs. 90,000 has been given.
02:46That is, even if there is a slight correction, you can buy gold at that time so that you get a good return by the end of this year.
02:53How did you find this much information in the video?
02:55Do tell by commenting.
02:56If you are watching this video on Facebook, then like the Facebook page.
02:59If you are watching on YouTube, then do not forget to subscribe to the YouTube channel of Good Returns.
Comments