Fri Nov 15 10:26:56 UTC 2024: ## Gold Prices Dip in India, Offering Buying Opportunity
**New Delhi, November 15, 2024:** Gold prices in India have witnessed a significant drop, making it an attractive time for purchasing the precious metal, especially during the wedding season.
The price of 22-carat gold in India today stands at ₹69,340 per 10 grams, down from ₹69,350 per 10 grams yesterday. Similarly, the price of 24-carat gold has also dipped to ₹75,640 per 10 grams, compared to ₹75,650 per 10 grams the previous day.
While prices have fallen, market experts predict an increase in the coming days.
Here’s a city-wise breakdown of gold prices in India:
**City | 22-Carat Gold (₹/10gm) | 24-Carat Gold (₹/10gm)**
——- | ——– | ——–
Delhi | ₹69,490 | ₹75,790
Ahmedabad | ₹69,390 | ₹75,690
Mumbai | ₹69,340 | ₹75,640
Bengaluru | ₹69,340 | ₹75,640
Chennai | ₹69,340 | ₹75,640
Noida | ₹69,490 | ₹75,790
Silver prices are also fluctuating, with prices varying across different cities.
In Chennai, 1 kg of silver is priced at ₹99,900, while in Mumbai, Delhi, Kolkata, and Bengaluru, it is priced at ₹89,400 per kg.
This price dip presents a lucrative opportunity for those looking to invest in gold or buy jewelry, especially during the wedding season. However, market experts advise caution, as gold prices are expected to rise in the future.