Gold, Silver Prices Rise in India: Check City-Wise Prices - September 18

On Wednesday morning, in early trade, 24-carat gold climbed ₹10, with ten grams available for ₹74,880.

Meanwhile, silver also rose ₹100, with one kilogram priced at ₹91,900.

Similarly, the 22-carat gold price rose by ₹10, with ten grams now trading at ₹68,640.

Internationally, the COMEX price of gold surged by 0.20% to open at $2,596 per ounce.

These price changes show how gold and silver can be affected by market shifts.

Geopolitical events, like conflicts or diplomatic issues, can increase demand for gold as a safe investment, pushing its price.

Economic factors like inflation and interest rates also affect gold’s value.

Keeping a close track of global economic conditions, political news, and currency trends can help you make better decisions about investing in precious metals.

Currency fluctuations also affect precious metal prices. Since gold and silver are globally traded commodities, a stronger or weaker U.S. dollar can influence prices.

For instance, a stronger dollar might make gold more expensive for holders of other currencies, potentially reducing demand.

Gold and Silver Prices in Other Cities