Gold Price: An upward trend was seen in the prices of gold and silver on Monday. The weakness in the US dollar and the expectation of a possible cut in interest rates by the US Federal Reserve next month have once again attracted investors towards safe investment instruments.

On the afternoon of November 10, gold was trading 1.64% higher at Rs 1,23,057 per 10 grams on MCX, while silver jumped 2.66% to Rs 1,51,657 per kg.

Why are the prices of gold and silver increasing?

Many factors are working behind the rise in gold and silver prices:

• Due to global economic uncertainty and expectation of reduction in interest rates in America, investors in the market have turned towards precious metals.
• The weak US dollar has made gold and silver cheaper for international buyers, leading to an increase in demand.
• Concerns about the stability of the US economy have made investors believe in safe investment options, such as gold and silver.

What should investors do?

Market experts say that due to global uncertainty and wedding season, the prices of precious metals may remain strong in future.

• It is still an attractive option for a long-term investor, but it is important to keep short-term fluctuations in mind.
• Experts suggest that before buying, the support level and market direction should be considered.
• Jewelers believe that due to the wedding season, retail demand will remain strong, which will put upward pressure on prices.

How are the prices of gold and silver decided?

Gold and silver prices depend on many domestic and international factors:

1. Dollar-Rupee Exchange Rate – The prices of gold and silver in the international market are fixed in dollars, hence the weakness of the rupee increases the prices in India.
2. Import Duty and Taxes – Most of the gold is imported into India, due to which Import Duty, GST and local taxes affect the price.
3. Global events – Events such as war, recession, or changes in interest rates directly affect the prices of precious metals.
4. Cultural and seasonal demand – In India, gold is not just an investment but also linked to tradition. Prices rise due to increased demand during wedding and festival seasons.
5. Inflation and market risk – When inflation increases or there is instability in the stock market, then investors consider gold as a safe option, due to which the prices rise.
   

In the current situation, the upward trend in both gold and silver continues. However, for short-term investors the market will remain volatile. Long term investors and consumers purchasing weddings should take decisions carefully and keep an eye on market trends.

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Karwa Chauth 2025: The festival of Karva Chauth is very special for women. Married women observe this fast for the long life and happiness and prosperity of their husbands. On this day, women dress up, wear new clothes and adorn themselves with jewellery. This is the reason why purchasing of gold and silver increases in the markets before Karva Chauth.

This year in 2025, Karva Chauth will be celebrated on 10 October and before the festival, the prices of gold and silver have made new records. In such a situation, those who had purchased last year i.e. in 2024, would definitely like to compare with today’s prices. So let us know what was the price of gold on the last Karva Chauth and how much will an 18 carat gold ring cost today?

What was the price of gold on last Karva Chauth?

Last year i.e. in 2024, on the day of Karva Chauth, 22 carat gold was Rs 72,930 per 10 grams. Whereas 24 carat gold was being sold at around Rs 79,570 per 10 grams. If we talk about 18 carat gold, its price was Rs 59,670 per 10 grams. That means, if someone had bought a 5 gram 18 carat ring last year, it would have cost around Rs 29,835 without making charges and tax.

How much will the price of gold increase in 2025?

Now before Karva Chauth in 2025 i.e. on 8th and 9th October, the price of gold and silver has reached record level. 24 carat gold has reached Rs 1,22,570 per 10 grams. Whereas 22 carat gold has become Rs 1,12,274 per 10 grams. Apart from this, 18 carat gold is Rs 91,928 per 10 grams. This means that compared to last year, the price of 18 carat gold has increased by about Rs 32,000 per 10 grams.

If you buy an 18 carat gold ring today, how much will it cost?

If you are thinking of buying an 18 carat ring for yourself or to gift someone this Karva Chauth and you buy a 5 gram 18 carat gold ring. According to the current rate, the price of 18 carat gold is Rs 91,928 per 10 grams i.e. the price of 5 grams of gold will be Rs 45,964. In such a situation, if you buy an 18 carat gold ring today, the price of a simple 5 gram 18 carat gold ring can range from Rs 52,000 to Rs 55,000 including making charges, GST and brand value.

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Gold Price Today 18 June 2025: Amidst the stir in the international world, the price of gold is seen declining today i.e. June 18. While the price of silver has increased. 24 carat gold is trading at Rs 1,00,360 per 10 grams, while 22 carat gold is trading at Rs 91,990 and 18 carat gold at a price of Rs 75,270. The price of silver is being seen boom today. Today, the price of one kilo of silver has increased to Rs 1,10,100.

The fresh sense of your city-

In the national capital Delhi, 24 carat gold is being sold at Rs 1,00,510 per 10 grams while 22 carat gold is being sold at Rs 92,140. In the financial capital Mumbai, 24 carat gold is trading at Rs 1,00,360, while 22 carat gold is trading at Rs 91,990. In Chennai, the price of 24 carat gold is Rs 1,00,360, while 22 carat gold is being sold at Rs 91,990.

In Kolkata, 24 carat gold is trading at Rs 1,00,360 today, while 22 carat gold is trading at the rate of Rs 91,990 per 10 grams. In Bengaluru, 24 carat gold per 10 grams per 10 grams is being sold at the rate of Rs 91,990. If we talk about Chandigarh, then 24 carat gold is being sold here at Rs 1,00,510, while 22 carat gold is being sold at the rate of Rs 92,140.

In Hyderabad, 24 carat gold is being sold at Rs 1,00,360 per 10 grams and 22 carat gold is being sold at the rate of Rs 91,990. Similarly, in Ahmedabad, 24 carat gold is trading at Rs 1,00,410 while 22 carat gold is trading at a price of Rs 92,040 per 10 grams. Significantly, gold is considered very important in both social and economic terms in India. It is considered good to have gold from any marriage to auspicious work to the festival festival.

Gold being with a family is also considered a symbol of its prosperity. In addition, the prices of gold are fixed from many factor, such as exchange rate, dollar price fluctuations, global upheaval. If there is a stir in the international world, then investors consider investment in gold as the most suitable instead of investing money elsewhere.

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