Chandigarh, January 7, 2025 (Punjab Khabarnama Bureau): The prices of gold and silver are experiencing continuous fluctuations in the bullion market. The demand for gold and silver jewelry remains low, which has led to concerns among jewelers. Due to this reduced demand, the prices have dropped today. Yesterday, the prices of both remained stable.
Experts suggest that the demand for precious metals is currently very low due to the ongoing “malamas” period, which is considered an inauspicious time for purchasing gold, silver, and other items.
Price Drops: Today, the price of pure gold has decreased by ₹300, now costing ₹79,100 per 10 grams. Additionally, the price of gold jewelry has also fallen by ₹300, now priced at ₹74,000 per 10 grams. Silver, after remaining stable yesterday, has dropped by ₹200 today, now priced at ₹90,200 per kilogram.
Future Price Predictions: According to experts, the prices of gold and silver are expected to stabilize and remain controlled in January, which should provide relief to the general public. Furthermore, with the conclusion of the “malamas” period on 14th January, purchasing activity is expected to rise, and a continuous decline in the prices of gold and silver is likely until then.
Summary: Gold and silver prices in the bullion market are continuously changing. Due to low demand, their prices have dropped today, while they remained stable yesterday. Jewelers are concerned about the low demand.