Gold price crosses 81 thousand for the first time, silver reaches Rs 91,600 per kg

Gold price reached its highest level ever on January 30. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose to Rs 81,006, while on Wednesday it was Rs 80,975.

Silver also rises (Silver Price 30 January)

🔹 Silver became costlier by Rs 920 to Rs 91,600 per kg.

🔹 The highest level of silver so far was Rs 99,151 per kg on 23 October 2024.

Gold became costlier by Rs 4,844 in 30 days

📌 Gold price on 31 December 2024 – Rs 76,162 (10 grams, 24 carat)
📌 Gold price on 30 January 2025 – Rs 81,006
📌 Silver increased by Rs 5,583

Gold prices in 4 metros and Bhopal (10 grams, 24 carat)

💰 Delhi – ₹83,170
💰 Mumbai – ₹83,020
💰 Kolkata – ₹83,020
💰 Chennai – ₹83,020
💰 Bhopal – ₹80,070

5 major reasons for the rise in gold

✅ Interest rate cuts in the US and other countries
✅ Rupee weakening against the dollar
✅ Gold prices rise due to rising inflation Support to the price
✅ Investment in Gold ETF increased due to instability in the stock market
✅ Demand for safe investment increased due to geopolitical tensions

Gold increased by 20% and silver by 17% in 2024

📈 Gold on 1 January 2024 – ₹63,352 (10 grams)
📈 Gold on 31 December 2024 – ₹76,162
📈 1 kg silver – increased from ₹73,395 to ₹86,017

Gold may reach ₹85,000 by June

According to experts, due to increased purchase of Gold ETF, gold may reach ₹85,000 per 10 grams by 30 June 2025.

Buy only certified gold

🔹 Buy only BIS hallmarked gold
🔹 Make sure to check the HUID code (6 digits) of hallmarking

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