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Key Points
- Gold price rose by almost 24% in 2024, reaching Rs. 78,000 per 10 grams.
- Silver saw a 16% increase, reaching Rs. 91,000 per kg by the year’s end.
- Gold prices started the year at Rs. 63,000 per 10 grams, and silver at Rs. 78,600 per kg.
- Analysts predict continued price growth for both gold and silver in 2025.
Looma News
2024 turned out to be a strong year for gold and silver, with both metals seeing impressive price increases. At the start of the year, gold was priced at about Rs. 63,000 per 10 grams. By the end of December, it had climbed to Rs. 78,000 per 10 grams, marking a nearly 24% rise. Silver also saw a boost, going up by 16%, from Rs. 78,600 per kg to Rs. 91,000 per kg by the end of the year.
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Experts are predicting that the upward trend will continue into 2025. Global economic uncertainties and a growing interest in safer investment options are likely to keep pushing up the prices of both gold and silver.
