Gold, Silver Prices Drop in India: Check City-Wise Prices - August 25

Gold and silver prices have gone down this Sunday. The price of 24-carat gold is now ₹7,246.60 per gram, which is ₹244 less than before.

Similarly, 22-carat gold is priced at ₹6,637.90 per gram, down by ₹223.

Over the past week, the price of 24-carat gold has decreased by 1.2%. Looking at the last month, the drop has been more significant at 5.03%.

Silver has also seen a price drop. It now costs ₹84,240.00 per kilogram, down by ₹540.

These recent changes offer an opportunity for those looking to invest in or purchase gold and silver, as the current lower rates could provide favorable conditions.

Geopolitical events, such as conflicts or diplomatic issues, can make people want to buy gold as a safe investment, which can drive up its price.

Economic factors like inflation and interest rates also impact gold’s value. To make better decisions about investing in gold and silver, it's important to watch global economic conditions, political news, and changes in currency values.

Since gold and silver are traded worldwide, fluctuations in the strength of the US dollar can also affect their prices.