Gold and silver have become cheaper in the Indian bullion market today

Gold and silver prices in India: The rates of gold and silver in India depend on several factors, including the value of the rupee against the dollar. Global demand also plays a key role in determining the trends observed in the rate of precious metals.

There has been a decline in the prices of gold and silver on Wednesday. According to India Bullion and Jewelers Association, gold and silver have become cheaper today i.e. on the morning of February 14, 2024 as compared to Tuesday evening.

Gold and Silver Price in India:

Gold and silver have become cheaper in the Indian bullion market today, February 14, 2024. After becoming cheaper, the price of gold has crossed Rs 61,000 per 10 grams. At the same time, the price of silver is more than Rs 69,000 per kg. At the national level, the price of 10 grams of 24 carat gold of 999 purity is Rs 61529 whereas, the price of 999 purity silver is Rs 69040.

According to India Bullion And Jewelers Association, on Tuesday evening, 24 carat pure gold was Rs 62394 per 10 grams, which has come down to Rs 61529 this morning. Similarly, on the basis of purity, both gold and silver have become cheaper.