Gold and silver prices rose today i.e. on January 2. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold rose by Rs 496 to Rs 77,079. Earlier, the price of gold was Rs 76,583 per ten grams. At the same time, the price of silver increased by Rs 1,112 to Rs 87,167 today. Yesterday silver was Rs 86,055 per kg. Last year on October 23, silver made an all-time high of Rs 99,151 and on October 30, gold made an all-time high of Rs 79,681. In 2024, gold gave a return of 20% and silver 17%. Last year, between January 1, 2024 and December 31, 2024, the price of gold increased by 20.22%. On January 1, 2024, the price of 24 carat 10 grams of gold was Rs 63,352, which increased by Rs 12,810 to Rs 76,162 in a year. At the same time, one kg of silver was being sold for Rs 73,395 on January 1, whose price increased by Rs 12,622 to Rs 86,017 on the last day of the year. The price of silver increased by 17.19% in a year. Gold price in 4 metros and Bhopal Pressure on gold due to reduction in interest rates According to currency head Anuj Gupta, recently the US Central Bank Federal Reserve has cut interest rates by 25 basis points (0.25%). Due to this cut, pressure is being seen on gold and silver for the last few days. However, in the coming days, gold and silver can see an increase again. In the next one year i.e. in 2025, gold can go up to Rs 82 thousand per 10 grams. Silver can also reach up to Rs 95 thousand per kilogram.
