Riya Pandey / Delhi: The festival and wedding season has started, and people have started preparing for their shopping. Especially, after clothes, jewelery is an important part of shopping. If you are also planning to buy gold and silver this season, then let us know what are the prices of gold and silver in the market and what kind of preparations have been made in the market for the wedding season.
Current prices of gold and silver
Mahajani Gali, the bullion market located in Chandni Chowk, Delhi, is famous for jewelery shopping. While talking to Local 18, their Chairman Yogesh Singhal said that even though the festival season has started, the expected crowd is missing in the market. The main reason for this is being said to be the recent huge rise in gold prices.
22 carat gold: ₹2350 per gram
24 carat gold: ₹78650 per 10 grams
Silver: ₹95000 per kg
silence in the market
Yogesh Singhal said that this time there is silence in the market even during the festival season, because due to the increased prices of gold, people are reducing purchases. He believes that there may be a further rise in the prices of gold and silver in the coming times.
Impact of global wars on gold and silver prices
The current market conditions are also influenced by international events. Yogesh Singhal said that the wars between Hamas-Israel and Russia-Ukraine are having a direct impact on the prices of gold and silver. Unless these global conflicts calm down, gold prices may continue to rise, and this situation is affecting the Indian markets as well.
Light design jewelery for wedding season
Keeping the wedding season in mind, special preparations have been made in the market. Yogesh ji told that this time excellent designs of light weight jewelery are available in the market, so that the general public can easily buy it. Many new designs of jewelery have come in the market for the wedding season and festival, which customers can choose as per their need.
Tags: Delhi news, Local18
FIRST PUBLISHED: October 9, 2024, 13:33 IST