On the morning of October 24, 2024, gold and silver prices in the Indian bullion market have experienced a notable decline, providing good news for prospective buyers ahead of the Dhanteras festival. Despite the decrease, the price of gold remains above ₹78,000 per 10 grams, specifically at ₹78,161 for gold with 999 purity. Silver, on the other hand, is priced at ₹97,420 for the same level of purity.
Dhanteras, a key shopping occasion for many, sees a surge in gold and silver purchases, as it is traditionally believed to bring prosperity. This year, as prices for these precious metals have risen significantly, the recent dip comes as a welcome change for consumers. According to the India Bullion and Jewelers Association (IBJA), the cost of 24-carat gold was ₹78,692 per 10 grams on Wednesday evening, indicating a decrease of approximately ₹500 since then.
For those considering purchases, the latest rates for various purities of gold are as follows, according to ibjarates:
995 purity gold: ₹77,848 per 10 grams
916 (22 carat) gold: ₹71,596 per 10 grams
750 (18 carat) gold: ₹58,621 per 10 grams
585 (14 carat) gold: ₹45,724 per 10 grams
999 purity silver: ₹97,420
It is important to note that these rates provided by the IBJA do not include taxes or making charges, and they are accepted nationwide.
Regional Price Breakdown
Delhi:
24 carat: ₹80,230 per 10 grams
22 carat: ₹73,560 per 10 grams
Lucknow:
24 carat: ₹80,230 per 10 grams
22 carat: ₹73,560 per 10 grams
Jaipur:
24 carat: ₹80,230 per 10 grams
22 carat: ₹73,560 per 10 grams
Patna:
24 carat: ₹80,130 per 10 grams
22 carat: ₹73,460 per 10 grams
Ahmedabad:
24 carat: ₹80,130 per 10 grams
22 carat: ₹73,460 per 10 grams
Mumbai and Kolkata:
24 carat: ₹80,080 per 10 grams
22 carat: ₹73,410 per 10 grams
As the festival approaches, buyers are encouraged to stay updated on the latest rates to make informed purchasing decisions in this dynamic market.
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