Gold and silver prices for the fourth day have finally had zero movements as per good returns website and remained stable at Rs 48,330 with the silver price being Rs 66,700 per kg.
The gold price has taken a toll since the past 4 days with back to back slips and has decreased a lot. Yesterday on January 25, 2021, the gold price has slipped from Rs 48,330 to Rs 48,320 for 10 grams of gold.
Analysing the trend of gold price in India over the last few days, we can see the gold price has been decreasing daily, but today on January 26th, the gold price is finally unchanged.
The prices of both gold and silver vary accordingly across the nations, and even state wise in India the prices due to exercise duty, sales tax and other taxes are different.
In New Delhi, the capital of India the price of 22-carat gold is higher from yesterday’s range Rs 48,080 per 10 gram to Rs 48,090, in Chennai it fell to Rs 46,360, in Mumbai the rates were a little higher at Rs 48,330.
In Chennai, for 24-carat gold the price is Rs 50,610. Similarly, the cheapest city to buy gold from today would Bengaluru, Hyderabad, Kerala, Mangalore, Mysore and more places with 22-carat rate being Rs 45,940 and 24-carat gold price being Rs 50,120.
In the past one week, from January 21st the rate increased by Rs 500 to Rs 48,600 but then there was a fall in the amount, and for consecutive 5 days the gold price has slipped. On January 22nd the price was Rs 48,550 (fell by Rs 50) January 23rd the price Rs 48,340 (fell by Rs 210), January 24th price was Rs 48,330 (fell by Rs 10), on January 25th the price once again fell by Rs 10. And on January 26th the price remains stable and unchanged at 0.
