Following weeks of upward trend, Gold and silver prices continued climbing on Tuesday, January 27, following a two-day market closure over the weekend. Compared to January 24, the rise was noticeable, with silver recording a sharper increase than gold, catching the attention of traders and investors alike.
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Gold and silver prices on January 27
24-carat gold bar: ₹1,59,250 per 10 grams
24-carat gold bar (retail): ₹1,60,050 per 10 grams
22-carat hallmark jewellery gold: ₹1,52,100 per 10 grams
Silver (retail): ₹3,48,350 per kg
Note: Additional charges such as 3% GST and other fees may apply at the time of purchase.
Price Comparison with January 24
24-carat gold bar: ₹1,57,850 per 10 grams
24-carat gold bar (retail): ₹1,58,600 per 10 grams
22-carat hallmark jewellery gold: ₹1,50,750 per 10 grams
Silver (retail): ₹3,34,700 per kg
This indicates that silver prices surged by ₹13,650 per kg, while 24-carat gold prices rose by ₹1,450 per 10 grams.
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Market Impact
On Tuesday, silver prices also saw a sharp rise on MCX, and gold and silver ETFs in the stock market recorded notable gains, reflecting broader market optimism for precious metals.
{News Ei Samay does not provide investment advice anywhere. Investment in the stock market or any field involves risk. Proper study and expert advice are desirable beforehand. This news is published for educational purposes and awareness.}
