Today, on 5 December 2024, the prices of gold and silver remain stable. The price of gold ranges from Rs 71,400 to Rs 77,900 and the rate of silver is Rs 91,000 per kg. Experts are of the opinion that the rate of gold can go up to Rs 90,000 per 10 grams by 2025, which can give good returns to investors.
Gold Price Today: Today, Thursday 5 December 2024, no significant change has been seen in the prices of gold and silver. Gold prices remained almost stable, while the price of silver is also trading at yesterday’s rate. There has been no major movement in the prices of both gold and silver. In this article, we will provide today’s rate of gold and silver as well as some important information, keeping in mind which you can make your buying decision better.
Gold Prices on 5 December 2024
Today, the price of 22 carat gold was seen around Rs 71,400 per 10 grams, while the rate of 24 carat gold remains around Rs 77,900 per 10 grams. This price is being seen equally in many major cities, such as Delhi, Mumbai, Patna, Jaipur and Lucknow. Notably, there has been no major change in these gold rates, which has been seen for the last few days.
Silver Prices on 5 December 2024
Talking about silver prices, the rate of one kilogram of silver remained stable at Rs 91,000 today. The price of silver was the same on the previous day as well, and there has been no special fluctuation in the market regarding it. Silver rates have also remained at the same stable level at which trading has been taking place for the last few weeks.
Expert opinion on gold and silver prices
Many experts believe that gold prices may remain in a stable range, as the strength of the dollar and the rise in bond yields have affected the demand for gold. Uncertainty about inflation and interest rates also affects these prices. However, there is a positive sentiment regarding the gold market, and experts predict that gold will give good returns in the next few years. By 2025, the price of gold may reach Rs 90,000 per 10 grams, making it an attractive option for investors.
Today’s Gold and Silver Rates (5 December 2024) – Major Cities
Gold rates are almost the same in major cities like Delhi, Noida, Ghaziabad, Jaipur, Gurgaon, Lucknow. The price of 22 carat gold is around Rs 71,450 and the price of 24 carat gold is around Rs 77,930. At the same time, in Mumbai and Kolkata, the price of 22 carat gold is trading at Rs 71,300 and the price of 24 carat gold is Rs 77,780. Gold prices in Patna, Ahmedabad, Bhubaneswar and Bengaluru are also in almost the same range.