By Admin 
Gold Price: After falling continuously, the prices of gold and silver are being seen again. Due to uncertainty about America’s economy and dollar weakness, investors worldwide are seeing gold and silver as “safe investment”. This is the reason that in the last few weeks, the prices of both metals are being seen continuously.
How to increase gold prices due to America?
The rise in gold prices is directly related to the status of US economy and dollar (USD). Indeed, when the US economy is weak or there is a risk of recession, investors withdraw money from the stock market and other risky investments and put in safe options like gold and silver. This time too, investors are running towards gold due to slowing down US GDP growth, increasing unemployment and interest rates.
In addition, gold prices are fixed in dollars (USD) in the international market. When the US dollar is weak, it becomes cheaper to buy gold for other countries, which increases the demand and rises prices. In the last few days, there has been a decline in the dollar index, which has made gold and more expensive.
Gold climbed 30 percent in a year
If seen from the investment perspective, then gold has given about 30 percent returns in the last one year. Talking about a long time, from the year 2001, gold has given an average of 15 percent CAGR returns. Since 1995, gold has been giving 2-4 percent more returns every year than inflation.
Talking about silver, it has also benefited a lot to investors. Akshaya Tritiya has increased by 15.62 percent between 2024 and 2025. Especially in 2021, silver recorded a tremendous jump of 69.04 percent. Since 2020, an average silver has been 20 percent of CAGR growth.
Gold reached 1 lakh before Akshaya Tritiya
Gold prices made a new record just before the traditional festival like Akshaya Tritiya. The price of 24 carat gold reached around 1 lakh per 10 grams in some cities. It is clear from this that the demand for gold increases rapidly during festivals and economic uncertainty.
What is the rate of gold today
According to MCX and IBA data, gold on MCX on the morning of 24 May was 96,400 per 10 grams and silver 97,935 per kg. According to IBA, 24 carat gold was recorded at 96,850 per 10 grams and 22 carat gold 88,779 per 10 grams. At the same time, silver (999 fine) was 98,230 per kg today.
Talks to take care while buying gold
Keep in mind that these rates are from the bullion market and for retail customers, making the making charge, tax and GST can also be added to them. That is, if you go to buy jewel in the market, then you may take this price to some extent.
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