MUMBAI (Economy India): Gold prices saw a slight increase today, September 17. According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold rose by ₹16, reaching ₹73,505. Previously, the price was ₹73,489 per 10 grams.
On the other hand, silver witnessed a drop. Its price decreased by ₹286, bringing it to ₹88,028 per kg, down from the earlier ₹88,314. Earlier this year in May, gold reached an all-time high of ₹74,222 per 10 grams, and silver hit ₹94,280 per kg on May 29.
Gold has increased by over ₹10,000 this year According to IBJA, the price of gold has increased by ₹10,153 so far this year. On January 1, gold was priced at ₹63,352 per 10 grams, and it has now reached ₹73,489. Similarly, silver prices have surged from ₹73,395 per kg to ₹88,028 per kg.
Gold may reach ₹78,000 by year-end Anuj Gupta, the head of commodity and currency at HDFC Securities, predicts that both gold and silver prices may rise further in the coming days. Gold could potentially reach ₹78,000 per 10 grams by the end of this year, while silver may climb to ₹1 lakh per kg.
