On November 28, gold and silver prices in India have stayed mostly stable, with only small changes in different cities.
The national average for 24K gold was around ₹12,774 per gram. The price of 22K gold also stayed close to ₹11,709 per gram, while 18K gold was near ₹9,580 per gram.
These rates have changed slightly depending on the city due to various reasons, like local taxes and market demand.
In Chennai, gold prices still continued to stay a bit higher than the national average. Buyers in the city also saw a slightly increased rate for 24K and 18K gold.
Mumbai and Delhi followed the same national trend with almost the same rates as the overall market. Many people who are also planning to buy gold for the wedding season are also checking the latest prices to decide the best time to make a purchase.
Silver prices have also remained steady today. The average rate was close to ₹176 per gram, and the price is around ₹1,73,100 per kilogram. Silver has now become a popular choice for people who want to invest in precious metals but prefer something more affordable than gold.
The slight changes in the rates of gold and silver prices are still linked to global market conditions, currency movements and even the factor of investor mood.
Many people still see gold as a safe and trusted asset, so demand remains constant. Silver is also gaining popularity because it is cheaper yet still valuable.
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