There is stability in the gold and silver rates across the country today (2nd January), but sometimes slight changes in prices can be observed. In major markets across the country including Mumbai, Pune, Hyderabad, Kolkata, Nagpur, and Chennai, the rates for 22, 24, and 18-carat gold are as given today.
In India, the price of 24-carat gold is 13,507 rupees per gram, the price of 22-carat gold is 12,381 rupees per gram, and the price of 18-carat gold is 10,135 rupees per gram. Similarly, for 10 grams of gold, the price of 24-carat gold is 135,070 rupees, the price of 22-carat gold is 123,810 rupees, and the price of 18-carat gold is 101,300 rupees. Looking at the price of silver, on January 2, the price is 237.90 rupees per gram and 237,900 rupees per kilogram. There has been stability in the price of silver for the past few days, and there is not much change in this price today.
Gold Prices by City
In Mumbai, Pune, and Hyderabad, the price of 10 grams of 22-carat gold is 123,810 rupees, the price of 10 grams of 24-carat gold is 135,070 rupees, and the price of 10 grams of 18-carat gold is 101,300 rupees.
Similarly, in Kerala and Kolkata, the price of 10 grams of 22-carat gold is 123,810 rupees, the price of 10 grams of 24-carat gold is 135,070 rupees, and the price of 10 grams of 18-carat gold is 101,300 rupees.
In Nagpur and Chennai, the gold prices today are also 22-carat – 123,810 rupees, 24-carat – 135,070 rupees, 18-carat – 101,300 rupees.
The prices of gold and silver are often directly affected by changes in the global market. The rise and fall in gold prices in the international market, the currency of the dollar, the global economic situation, and the inflation rate play an important role in determining gold prices. However, for the past few days, gold prices have been stable in the Indian market. Gold prices had increased to some extent in November-December, but at the beginning of January, these prices have stabilized.
Silver prices have also been stable for the past few days. Notably, gold prices are important not only for investors but also for ordinary customers coming for weddings, festivals, religious ceremonies, and gold purchases. Therefore, as soon as there is a significant change in prices, people's buying habits are affected. Customers and investors are focused on how gold prices will be in the coming days based on changes in rail, aviation, international markets, and the Indian economy.