Punjab Newsline | New Delhi
Gold and silver prices witnessed a sharp rise on November 4, just ahead of the Dhanteras festival, bringing fresh changes to the precious metals market.
According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-karat gold increased by Rs 3,486 to reach Rs 1.41 lakh.
Silver prices also recorded a significant jump. The price of one kilogram of silver rose by Rs 7,775 to reach Rs 1.84 lakh.
Gold and silver prices have witnessed continuous fluctuations throughout the year, with rates moving up and down amid changing market conditions.
The latest surge comes just ahead of Dhanteras, when buying gold and silver is considered auspicious. The rise in prices may impact the festive shopping budgets of consumers planning to purchase jewellery and precious metals.
