Gold prices have risen by 43 percent so far since the last Deepawali, Silver has delivered more than 37 percent returns

New -Delhi, September 24 (IANS). This year there is less than a month left for Deepawali. So far, gold and silver prices have seen a major increase since the last Deepawali. Both precious metals have given strong returns of up to 43 percent to investors. According to the India Bullion and Jewelers Association (IBJA), the price of 24 carat gold on October 30 was Rs 79,681 per 10 grams, which now increased to Rs 1,14,314 per 10 grams. Thus, the price of gold has risen by 43.46 percent since the previous Deepawali. Deepawali was in 2024 on October 31, but prices were taken on October 30 because the market was closed on Deepawali. The price of 10 grams of 22 carat gold rose to Rs 1,04,712, recorded on the previous Diwali at Rs 72,988 per 10 grams. At the same time, the price of 10 grams of gold rose from 18 carat during this period to Rs 85,736, which used to be Rs 59,761 per 10 grams. Along with gold, silver prices also saw a sharp leap. The price of silver increased by 37.55 percent to Rs 1,35,267 per kg of the previous Diwali, which used to be Rs 98,340 per kg. The reason for the increase in gold and silver prices is believed to be the global riot. Over the past year, Russia Akraine and the Israeli Hamas War have led to a global world level unrest due to the tariff of US President Donald Trump, who has raised investors in gold and silver, which has been considered safe property, which has a leap in the price of both precious metals. In addition, one of the reasons for the rise in silver price is the increase in the use of electronic products, in which it is used on a large scale. -Ians ABS/ Share This Story Tags