Gold Silver Price Today: The prices of Gold And Silver keep fluctuating every day, so let us see the price details of the morning of 18 November 2023 in this episode:
- 24 Carat Gold Price: ₹6,169 per gram
- 22 Carat Gold Price: ₹5,655 per gram
- 18 Carat Gold Price: ₹4,862 per gram
- 14 Carat Gold Price: ₹3,922 per gram
- 10 Carat Gold Price: ₹3,077 per gram
- 1 kg Silver Price: ₹69,500
- 100 gm Silver Price: ₹6,950
- 50 gm Silver Price: ₹3,475
- 25 gm Silver Price: ₹1,737
- 10 gm Silver Price: ₹695
Gold Price Analysis
Gold prices in India remained steady on Saturday, 18 November 2023. The price of 24 carat gold was ₹6,169 per gram, while the price of 22 carat gold was ₹5,655 per gram.
Gold prices have been on a downward trend in recent months, due to a number of factors, including rising interest rates in the United States. However, prices have remained relatively stable in recent weeks.
Silver Price Analysis
Silver prices in India also remained steady on Saturday, 18 November 2023. The price of 1 kg silver was ₹69,500, while the price of 100 gm silver was ₹6,950.
Silver prices have also been on a downward trend in recent months, due to similar factors to those affecting gold prices. However, prices have also remained relatively stable in recent weeks.
Inflation is another factor that could affect gold and silver prices in the coming months. Inflation is currently at a high level in many countries, and this could lead to increased demand for gold and silver as a hedge against inflation.
Geopolitical risks are also a factor that could affect gold and silver prices. The ongoing war in Ukraine is a major geopolitical risk, and this could lead to increased demand for gold and silver as a safe haven investment.
Gold and silver prices are likely to remain volatile in the coming months, due to a number of factors. However, prices are likely to remain relatively stable in the short term.