By Admin 
Gold Prices: Gold prices in India saw a rise for the second consecutive day on Saturday, January 10. The situation is that the price of 24 carat gold per 100 grams increased by Rs 24,600 and the price of 10 grams increased by Rs 2,460. With this, gold is again reaching near its record high level.
In such a situation, buyers are worried about whether the price of gold is going to increase again in the coming festivals like Makar Sankranti, Pongal and Magha Bihu? As far as silver is concerned, after falling in price for two days, now the price of silver is also rising. In the coming days, gold and silver may trade at the levels of 125000-142000 and 232000-255000 respectively.
What is the price of gold today?
On Saturday, the price of 24 carat gold increased by Rs 1,150 to Rs 1,40,460 per 10 grams and the price of 100 grams increased by Rs 11,500 to Rs 14,04,600. The cheapest 24 carat gold is Rs 14,046 per 1 gram, the price of which has increased by Rs 115.
Similarly, the price of 22 carat gold was Rs 1,28,750 for 10 grams and Rs 12,87,500 for 100 grams, which increased by Rs 1,050 and Rs 10,500 respectively. The cheapest gold in the 22 carat category was Rs 12,875 per gram, which became costlier by Rs 105.
Apart from this, the price of 18 carat gold increased by Rs 1860 to Rs 1,05,340 for 10 grams and by Rs 8,600 to Rs 10,53,400 for 100 grams. The cheapest 18 carat gold was Rs 10,534, which became costlier by Rs 86 on January 10. So far in the month of January, gold prices have increased by 4 percent.
What is the price of silver?
Silver prices rose after falling by Rs 8,000 from January 9 to January 8. On January 10, the price of 1 kg silver was recorded at Rs 2.60 lakh, an increase of Rs 11,000. The prices of 100 grams and 10 grams of silver are Rs 2,600 and Rs 26,000 respectively. Despite the ups and downs, silver rates have increased by more than 9.2 percent so far in January.
Will there be a rise in prices?
According to the report of Good Returns, Kainat Chainwala, AVP-Commodity Research, Kotak Securities, said, “US President Donald Trump can impose 500 percent tariff on those countries which have continued to buy oil from Russia. Senator Lindsey Graham said the Sanctioning Russia Act of 2025 would allow Trump to put pressure on major buyers like China, India and Brazil to stop purchasing discounted Russian crude, which is helping Russia continue the war in Ukraine.
He further said, however, “This step will give rise to a trade war between the US and China, which may increase the demand for safe-haven gold and silver.” However, this order of Trump still depends on the decision of the US Supreme Court. If the court rules against the tariffs, concerns about a growing trade war may be reduced. This may limit further increases in gold and silver prices in the near future.
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On the other hand, Trump imposed tariffs, on the other hand India and China came closer; started trading a lot of goods