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Soaring gold rates in India today, Sep 2, 2023

Soaring gold and silver rates in India today

Soaring gold rates in India today, Sep 2, 2023

Gold Prices Dip, Find Out Rates in Your City

Gold prices took a dip on Saturday, with 24-carat gold dropping by 110 rupees within 24 hours. In Delhi, 10 grams of 24-carat gold is currently priced at Rs. 60,200.

The decline in gold prices is attributed to a number of factors, including a stronger US dollar and rising interest rates. The US dollar has been strengthening against other currencies in recent weeks, making gold more expensive for foreign buyers. Rising interest rates also make gold less attractive as an investment, as it does not offer any interest payments.

Despite the dip in prices, gold is still considered a safe investment during uncertain times. The yellow metal has a long history of holding its value, and it is often seen as a hedge against inflation.

If you are interested in buying gold, it is important to compare prices from different jewelers. Gold prices can vary from city to city, so it is important to find the best deal. You can also check the live gold rates on websites or apps.

Here are the gold prices in some of the major cities in India as of September 2, 2023:

City	24-carat gold (per gram)	22-carat gold (per gram)
Delhi	Rs. 60,200	Rs. 55,700
Mumbai	Rs. 60,300	Rs. 55,800
Chennai	Rs. 59,600	Rs. 55,100
Kolkata	Rs. 60,000	Rs. 55,500
Hyderabad	Rs. 59,900	Rs. 55,400

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Some related questions with answers from this article:-

Why did gold prices drop today?

Gold prices dropped today due to a number of factors, including a stronger US dollar and rising interest rates. The US dollar has been strengthening against other currencies in recent weeks, making gold more expensive for foreign buyers. Rising interest rates also make gold less attractive as an investment, as it does not offer any interest payments.

Is gold still a good investment?

Gold is still considered a safe investment during uncertain times. The yellow metal has a long history of holding its value, and it is often seen as a hedge against inflation. However, the recent decline in gold prices may make it a less attractive investment for some people.

How can I find the latest gold prices?

The latest gold prices can be found on a number of websites and apps. You can also check the gold rates in your city from a local jeweler.

How much gold should I buy?

The amount of gold you should buy depends on your financial goals and risk tolerance. If you are looking for a safe investment, you may want to consider buying a small amount of gold. However, if you are looking to make a large investment, you should consult with a financial advisor.

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IN HINDI –

सोने के भाव में गिरावट, अपने शहर के दाम जानें

शनिवार को सोने के भाव में गिरावट आई है, 24 कैरेट सोना 24 घंटे में 110 रुपये गिर गया है। दिल्ली में 10 ग्राम 24 कैरेट सोना अभी 60,200 रुपये में बिक रहा है।

सोने के भाव में गिरावट के कई कारण हैं, जिनमें एक मजबूत अमेरिकी डॉलर और बढ़ती ब्याज दरें शामिल हैं। अमेरिकी डॉलर पिछले कुछ हफ्तों में अन्य मुद्राओं के मुकाबले मजबूत हो रहा है, जिससे विदेशी खरीदारों के लिए सोना महंगा हो गया है। बढ़ती ब्याज दरें भी सोने को निवेश के रूप में कम आकर्षक बनाती हैं, क्योंकि इसमें कोई ब्याज नहीं मिलता है।

हालांकि, कीमतों में गिरावट के बावजूद, सोना अभी भी अनिश्चित समय में एक सुरक्षित निवेश माना जाता है। पीली धातु में मूल्य को बनाए रखने का लंबा इतिहास है, और इसे अक्सर महंगाई के खिलाफ एक हेज के रूप में देखा जाता है।

अगर आप सोना खरीदना चाहते हैं, तो अलग-अलग ज्वैलर्स से कीमतों की तुलना करना महत्वपूर्ण है। सोने की कीमतें शहर से शहर में भिन्न हो सकती हैं, इसलिए सबसे अच्छा सौदा खोजने के लिए यह महत्वपूर्ण है। आप वेबसाइटों या ऐप्स पर लाइव सोने के भाव भी देख सकते हैं।