Gold Rate Today 18 August: Last week, during major festivals like Raksha Bandhan and Janmashtami, there was a decline in the prices of gold in the bullion market. However, even after the festivals, there is a slight movement in the rates of gold and silver. The biggest reason for this is believed to be the fluctuations in the international market and the domestic demand situation. From investors to customers, all eyes are on the latest gold and silver prices of today, i.e., 18 August.
The latest price of gold in the bullion market
Today, the rate of 24-carat gold has been recorded at ₹ 1,01,320 per ten grams in the bullion market. At the same time, 22-carat gold is being sold at a price of ₹ 92,890 per ten grams. These rates remain almost stable in many cities, while some places have seen a slight decline or increase. Prices remained almost the same in cities like Delhi, Ayodhya, Chandigarh, Jaipur, and Lucknow. On the other hand, the price of 24-carat gold in Hyderabad has been recorded at ₹ 1,01,170, and the price of 22-carat gold at ₹ 92,740 per ten grams.
Gold rate in your city
In Delhi, Ayodhya, and Chandigarh today, 24-carat gold remained stable at ₹ 1,01,320 and 22-carat gold at ₹ 92,890. The same prices have been recorded in Lucknow and Jaipur. However, the prices were slightly different in Hyderabad, and the 24-carat gold was seen trading at ₹ 1,01,170, and the 22-carat gold at ₹ 92,740. It is clear from this that the demand and supply situation in different cities is affecting the prices of gold.
Movement in silver prices
Along with gold, silver prices are also considered important for investors and customers. Today, on August 18, the price of silver was seen stable at ₹ 1,16,100 per kg in most cities. There was no change in the price of silver in Delhi, Ayodhya, Chandigarh, and Jaipur. At the same time, the rate of silver in Hyderabad reached ₹ 1,26,100 per kg, which is much higher than in other cities. This increase is believed to have happened on the basis of the demand and supply situation of the local market.
Indications for investors and customers
Even after the festivals, gold and silver always remain the first choice of investors. Experts believe that in the coming days, depending on the global economic situation, dollar index, and crude oil prices, there may be further changes in the prices of gold and silver. In such a situation, customers are advised to check the latest rates of their city before shopping.
On August 18, the prices of both gold and silver saw slight fluctuations with stability. While gold and silver rates remained almost the same in many cities, prices were recorded slightly higher in markets like Hyderabad. Both investors and customers should buy cautiously at this time, as a big change in prices can be seen again in the coming days.