Gold prices in India are now coming down from their all -time high one lakh. In such a situation, there is a question in the minds of many people whether it is right to buy gold at this time or should wait for the price to fall. Talking about 4 May 2025 today, there is no news of any major change in gold prices in India on this day.
In Mumbai today, the price of 22 carat gold was 87,550 per 10 grams and 24 carat gold was 95,510 per 10 grams. Comparison, the same rates on Friday were 87,740 and 95,720 per 10 grams, that is, there has been a slight decline in them as compared to Friday.
What gold rate in other cities of the country
In Delhi and Jaipur, 22 carat gold is being sold at 87,700 and 24 carat at Rs 95,660 per 10 grams. In Ahmedabad and Patna, 22 carat gold is being sold at 87,600 and 24 carat at Rs 95,560 per 10 grams. In cities like Mumbai, Hyderabad, Chennai, Bangalore and Kolkata, the price of 22 carat gold is 87,550 and 24 carat gold at 95,510 per 10 grams. Along with gold, silver prices also remained stable. In Mumbai today, silver remained at the level of 98,000 per kg, which is the same as Friday.
Because of which the prices of gold and silver are affected
According to experts, the prices of gold and silver in India depend on the international market, import duty, government tax, and the exchange rate between dollars and rupees. Apart from this, the cultural and family importance of gold in India also determines its demand, especially in the wedding and festivals.
If we look at the current situation in the market, investors and jewelry buyers should keep an eye on the ups and downs in the prices. Gold prices are currently about 7,000 below their highest level, causing some experts to consider it a suitable opportunity for shopping.
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