New Delhi: A day before the presentation of the general budget, i.e. today (31 January), gold reached its all-time high. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by 862 to Rs 82,165. On Thursday, the price of 10 grams (one tola) of gold was Rs 81,303.
At the same time, the price of silver also increased today. It has increased by Rs 993 to Rs 93,177 per kg. Earlier, the price of silver was Rs 92,184 per kg. Silver had made its all-time high on 23 October 2024. Then it had reached Rs 99,151 per kg.
Gold has become costlier by ₹ 6,003 so far this year
On December 31, the price of 10 grams of 24 carat gold was Rs 76,162. In the last 31 days, it has increased by Rs 6,003. On the other hand, the price of 1 kg silver was Rs 86,017 on December 31. During this period, it has also increased by Rs 7,160.
Gold price in 4 metro cities and Bhopal
5 main reasons for the rise in gold
Gold may reach up to 85 thousand rupees by June
Ajay Kedia, director of Kedia Advisory, says that after a big rally, gold was expected to fall, and that has already happened. After America, the UK has cut interest rates. This will increase the purchase of gold ETF. In such a situation, by June 30 this year, gold can reach Rs 85 thousand per 10 grams.