Gold-Silver Price Today: Increase in silver prices; possibility of gold reaching a high

Gold-Silver Price : Gold prices rise again in India, find out today's rates...

At the beginning of the new year, gold and silver prices have reached a high level, and on January 10, the market rates have remained relatively stable.
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At the beginning of the new year, gold and silver prices have reached high levels, and on January 10, the market prices have remained relatively stable. International market developments, fluctuations in the dollar, and domestic demand are affecting the prices of precious metals. Due to the increasing trend towards gold as a safe investment, the prices remain strong.

On January 10, the price of 24-carat gold per gram in India was recorded at 13,932 rupees. 24-carat gold, considered high quality in terms of purity, is widely preferred for investment. On the same day, the price of 22-carat gold per gram was 12,771 rupees, while the price of 18-carat gold used in jewelry was 10,449 rupees per gram.

If considered per 10 grams, on January 10, the rate of 22-carat gold was recorded at 127,710 rupees, 24-carat gold at 139,320 rupees, and 18-carat gold at 104,490 rupees. Looking at these rates, it is clear that gold has become more expensive for the average consumer. Experts say that the wedding season, investor demand, and global economic uncertainty are supporting gold prices.

Meanwhile, a strengthening trend is also seen in silver prices. On January 10, the price of silver per gram in India was 248.90 rupees, while the price per kilogram was 248,900 rupees. Market analysts say that the increase in industrial use, large-scale use of silver in solar energy projects, and investor inclination are causing the rise in silver prices.

Considering the current levels of gold and silver prices, experts advise buyers to take a cautious approach. This period may prove expensive for jewelry buyers, while gold and silver are still considered safe options for long-term investors. In the coming period, the direction of precious metal prices will depend on international developments, interest rate policies, and the dollar index.

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