On Thursday, July 27, the price of gold saw an upward trend, with 10 grams of gold trading above Rs 60,500 in most cities across the country. In Delhi, the rate of 24 carat gold was recorded at Rs 60,640, while 22 carat gold was trading at Rs 55,600. Meanwhile, the price of silver remained steady at Rs 77,400.
City-wise Gold Rates for 10 Grams:
Noida: 22 carat – Rs 55,600 | 24 carat – Rs 60,150
Agra: 22 carat – Rs 55,600 | 24 carat – Rs 60,520
Bhopal: 22 carat – Rs 55,500 | 24 carat – Rs 60,520
Patna: 22 carat – Rs 55,500 | 24 carat – Rs 60,540
Ahmedabad: 22 carat – Rs 55,500 | 24 carat – Rs 60,640
Chennai: 22 carat – Rs 55,500 | 24 carat – Rs 60,570
Gold Prices and Market Factors:
Gold prices are influenced by various market factors, including demand and supply dynamics. If the demand for gold increases, the rates tend to rise, and vice versa. Additionally, global economic conditions can impact gold prices, as investors may turn to gold as a safe-haven asset during economic uncertainties.
As of now, gold and silver prices are relatively stable, with minimal changes compared to the previous day’s rates. Investors and consumers are closely monitoring the market trends to make informed decisions about their gold purchases.
