Gold Price Today : Gold prices rise by fifteen hundred rupees again, find out today's rates
Gold prices in Jalgaon’s gold market had been stable for the past fifteen days, but in the last 24 hours, they have increased again, reaching up to 1,27,000 rupees including GST. The impact of the American Federal Bank's interest rate decision is visible in the gold market globally, leading experts to predict that significant fluctuations in gold prices may be observed in India next month, depending on the U.S. interest rate decision.
What are the gold rates in Mumbai, Pune, Nagpur, Nashik?
The price of 24-carat gold in Mumbai, Pune, Nagpur, and Nashik is Rs 1,24,540 per 10 grams today, while in Jalgaon, including GST, it is Rs 1,27,000. Changes are also seen in silver rates, with 1 kg of silver available for Rs 154,770 and 10 grams of silver for Rs 1,548. Due to excise duty, state tax, and making charges, the prices of gold jewelry vary slightly according to the city.
What is the difference between 24 carat and 22 carat?
When buying gold, it is important to know the difference between 24 carat and 22 carat. 24 carat gold is 99.9% pure, while 22 carat gold is approximately 91% pure, with the remaining 9% consisting of metals like copper, silver, and zinc mixed to make jewelry. Although 24 carat gold is pure, it is difficult to make jewelry from it, so most jewelers sell jewelry in 22 carat. As gold prices fluctuate continuously, it is necessary for customers to ensure purity at the time of purchase and keep an eye on the global economic situation.
Why do gold prices rise?
Meanwhile, investors in gold in 2025 have received a strong return. On December 31, the price of gold was at 75 thousand. It has now reached 1 lakh 22 thousand. During times of geopolitical conflict and economic instability, investors invest in gold as a safe option. Additionally, when the dollar weakens, gold becomes cheaper for those buying in other currencies. At that time, the demand for gold increases. If there is a possibility of the US Federal Reserve cutting interest rates, the number of gold buyers increases. Furthermore, the demand for gold has also increased due to purchases by central banks worldwide. Various central banks are prioritizing buying and holding gold instead of dollars.