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- Gold Price Today (29 April 2025); Sona Chandi ka Bhav Aaj Ka Kya Hai | Business news
New Delhi38 minutes ago
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Today, on April 29, there is an increase in gold and silver. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams 24 carat gold has increased by ₹ 1,178 to ₹ 96,286. Earlier, the price of 10 grams of gold was ₹ 95,108.
At the same time, the price of one kg of silver has increased ₹ 55 to ₹ 96,481 per kg today. Earlier, the price of silver was ₹ 96,426 per kg. At the same time, gold made ₹ 99,100 on 21 April and silver on 28 March made all time high of ₹ 1,00,934.
Gold price in 4 metros and Bhopal
- Delhi: The price of 10 grams 22 carat gold is Rs 89,950 and 10 grams 24 carat gold is priced at Rs 98,120.
- Mumbai: The price of 10 grams 22 carat gold is Rs 89,800 and 10 grams 24 carat gold is priced at Rs 97,970.
- Kolkata: The price of 10 grams 22 carat gold is Rs 89,800 and 24 carat 10 grams of gold is priced at Rs 97,970.
- Chennai: The price of 10 grams 22 carat gold is Rs 89,800 and 10 grams 24 carat gold is priced at Rs 97,970.
- Bhopal: The price of 10 grams 22 carat gold is Rs 89,850 and 10 grams 24 carat gold is Rs 98,020.
3 reasons for gold boom
- The threat of trade war has increased due to US tariff policy. This can reduce the speed of economy growth. The possibility of global recession has also increased. In such a situation, people are increasing their investment in gold. Gold is considered a safe investment at the time of recession.
- Gold prices have risen due to the weakening of the rupee against the dollar. This is because when the rupee is weak, it costs more money to import it. This year, the rupee has fallen by about 4%, which has increased the pressure on gold prices.
- The season of weddings has started, so the demand for gold jewelery is increasing. Jewelers in cities like Mumbai, Delhi and Chennai reported that sales are rising despite high prices, as people see gold as a symbol of investment and prosperity.
Gold has become expensive by Rs 20,124 so far this year This year i.e. since January 1, the price of 10 grams 24 carat gold has increased from Rs 76,162 to Rs 20,124 to Rs 96,286. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 10,464 to Rs 96,481. At the same time, gold became expensive by Rs 12,810 in 2024 last year.
Gold can go up to ₹ 1.10 lakh by the end of the year Gold can reach $ 3,700 an ounce this year due to increasing trade war between American-China and the possibility of recession. If you calculate the international rate, then the price of 10 grams of gold in India can go up to Rs 1.10 lakh. Foreign Investment Bank Goldman Sachs has released this estimate.
Akshaya Tritiya will be celebrated on 30 April Akshaya Tritiya will be celebrated on 30 April this year. Buying gold in our country on this day is considered auspicious. In such a situation, people shop for gold on this day. Many people buy gold with this thinking that they will be able to use it in bad times.