Gold and silver prices saw a slight dip today, offering a good opportunity for buyers ahead of the festive season. After weeks of steady increases, this correction has brought some relief for investors and jewellery shoppers.
Gold Price Update
- 24K Gold (10 grams): Around ₹1,14,300
- 22K Gold (10 grams): Around ₹1,04,800
- 18K Gold (10 grams): Around ₹85,750
The decline is marginal but significant for bulk buyers, especially those planning wedding or festival purchases.
Silver Price Update
- Silver (1 kg): Around ₹1,39,000
Silver also corrected slightly after a sharp surge earlier, making it more attractive for investors and households looking to buy in bulk.
Why Prices Are Moving
The recent dip comes after continuous highs driven by festive demand, international market trends, and currency fluctuations. Experts believe prices may remain volatile in the short term, but overall sentiment for gold and silver stays positive.
Final Take
If you’re planning to buy jewellery or invest in precious metals, today’s price drop is a welcome chance. With festivals around the corner, demand is expected to rise again, which could push prices upward soon.