Today's Top City-Wise Gold, Silver Prices in India: August 14

On Wednesday morning, the price of 24-carat gold went up by ₹10, raising the cost of ten grams to ₹71,630.

The price of 22-carat gold rose by ₹10 as well, with ten grams now costing ₹65,660.

Silver also became more expensive, with one kilogram now priced at ₹83,600, an increase of ₹100.

Internationally, the COMEX price of gold slipped by 0.31% to open at $2,506.30 per ounce.

Geopolitical events, like conflicts or diplomatic issues, can lead to higher demand for gold as a safe investment, which pushes up its price.

Economic factors, such as inflation and interest rates, also affect gold’s value.

For example, when inflation is high, people often buy more gold to protect against currency devaluation. Keeping track of global economic conditions, political news, and currency trends can help you make better decisions about investing in gold and finding good opportunities in the market.