Indore : Gold prices are touching new heights every day. After seeing a continuous decline, this week has been very special for gold. Because there has been a tremendous rise in the prices of gold not only in the domestic but also in the international market. The price of gold has reached record levels in the domestic and international markets.

The continuous rise in the price of gold and silver is affecting the bullion market. Before Karva Chauth, the price of gold has increased for the third consecutive day and the price was around Rs 78,990 per 10 grams. On Saturday, October 19, the price of 24-carat gold in the capital Delhi has increased to Rs 79,140 per 10 grams. The price of another precious metal silver has also increased. It is at Rs 99,100 per kilogram. This time the full effect of this rising price of gold will be seen on Dhanteras. In Indore, the price of 24 carat gold is around Rs 79400 and 22 carat is around Rs 72500. Silver is Rs 93500 per kg.

Price of 22-carat and 24-carat gold in cities:
In Delhi, the price of 22-carat gold is Rs 72,560 per 10 grams. At the same time, the price of 24-carat gold is around Rs 79,140 per 10 grams. In Mumbai, the price of 22-carat gold is Rs 72,410 per 10 grams, while the price of 24-carat gold is Rs 78,990 per 10 grams. In Chennai and Bengaluru, the price of 22-carat gold is Rs 72,410. The price of 10 grams of 24-carat gold is Rs 78,990. The retail price of 22-carat gold in Ahmedabad and Bhopal is Rs 72,460 per 10 grams. The price of 24-carat gold is Rs 79,040 per 10 grams. In Chandigarh and Jaipur, the price of 22-carat gold is Rs 72,560 per 10 grams. The price of 24-carat gold is around Rs 79,140 per 10 grams. In Bhubaneswar and Hyderabad, 22-carat gold is at Rs 72,410 per 10 grams. The rate of 24-carat gold is Rs 78,990 per 10 grams. In Lucknow, the price of 24-carat gold is Rs 79,140 per 10 grams. The price of 22 carat is Rs 72,560 per 10 grams. In Patna, 24 carat gold is at Rs 79,040 per 10 grams and 22 carat gold is at Rs 72,460 per 10 grams.

 When did the price of gold rise? 
From January to May, there has been a rapid fluctuation in the price. After this, gold had been falling continuously since the month of August. After this, there was a rise of Rs 2000 in the first week of September. On 19th September, gold increased by 1000 and silver by 2000 rupees, on 21st September, gold and silver increased by 1000 rupees, on 25th September, the price of gold and silver increased by 1000 rupees, on 4th October, gold increased by 500 and silver by 2000 rupees, on 7th October, the price of gold decreased by 300 rupees, on 15th October, the price of gold increased by 300 rupees, on 17th October, gold increased by 500 and silver by 1000 rupees, on 18th October, there was a rise in gold by 1000 rupees.

The increase in prices affects the purchases to a great extent.
Since the beginning of this year, the price of gold has been continuously rising. There are more purchases during the wedding season. But there is also a good purchase of Dhanteras once a year. It will have some effect, but there is a festival that comes once a year, and people definitely do some shopping on this day. The increase in prices affects the purchases. Let us tell you that in 2024, there has been a rise of up to 29 percent in gold and silver on MCX. Whereas in 2024, gold has risen 38 percent and silver 49 percent on COMEX. Gold on MCX has risen 2 percent in 1 week, 6 percent in 1 month. So far in 2024, gold has risen 23 percent. At the same time, it has increased by 64 percent in 3 years. The market expects rates to fall in the US in November. 90% of the people expect rates to fall by 0.25%.