On March 28, a strong movement in gold prices was once again seen in the Indian bullion market. After yesterday’s huge fall, the shine of the yellow metal has increased as soon as the market opened this morning. There has been a rise in the prices of 24 carat and 22 carat gold from the capital Delhi to Mumbai, due to which the eyes of investors and buyers are now fixed on the movement of the market. Gold price in Delhi-Mumbai: 24 carat gold is worth ₹ 1.44 lakh. Today, the price of 24 carat gold in the country’s capital Delhi has increased to Rs 1,44,870 per 10 grams. Whereas, in the financial capital Mumbai its price was recorded at Rs 1,44,720 per 10 grams. It is noteworthy that a day ago, a big fall of Rs 1,900 (1.3%) was seen in the gold prices in Delhi market, after which it came down to the level of Rs 1,47,800, but today the market has again shown signs of recovery. Today’s Gold Rate in Major Cities (24K and 22K) A slight difference is being seen in the prices of gold in different parts of the country. Check here the latest prices of major cities: Cities22 Carat (₹/10 gm)24 Carat (₹/10 Village) Delhi 1,32,8101,44,870 Mumbai 1,32,6601,44,720 Lucknow 1,32,8101,44,870 Jaipur 1,32,8101,44,870 Ahmedabad 1,32,7101,44,770 Chennai / Kolkata1,32,6601,44,720Fall in silver prices: Price reached near ₹ 2.40 lakh. Unlike gold, silver prices are showing softening today. On the morning of March 28, the price of silver is trending at Rs 2,39,900 per kg. Let us remind you that in January this year, silver had crossed the historical figure of Rs 4 lakh per kg, but at present its decline is continuing. Talking about the international market, gold is trading at $ 4,416 per ounce and silver at $ 68.12 per ounce. Is investing in gold still profitable? Market experts believe that in the coming 5 years, gold may not give the same returns as seen in the last few years. Gold prices are expected to continue to fluctuate amid global instability and dollar strength. In such a situation, the strategy of buying on every dip may prove to be better for retail buyers.
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