Today Gold Price in Delhi

Today Gold price boosted to all time high of Rs 27, 0000 per ten grams. Not only is the Gold price in Delhi hiked but the silver rate sets a new record of Rs 44, 000 per kg in the Delhi. Despite higher prices the demand for gold grew 38 per cent. Even from last many years the Gold Price in Delhi are soaring immensely due to that afford the gold in Delhi is not any longer simple for ordinary people.

People in India generally give acute importance to gold and silver. The demand for ornamentals like gold and silver are affected by the festive season and marriage season. In India gold demand is firmly embedded in cultural and religious traditions. The sale figures of the gold price in Delhi are boosted at the time of wedding season and festive season. The long terms sentiments of the Indians are bounded with the gold. The Indian Hindu brides are often ornamented from head to toe in gold jewelry. But the constantly rising price of gold in Delhi have somewhat affected the market sales.

As per market values the middle class people of India have been turned from buyers to sellers due to the rapid increase in the price of gold in the past couple of years. These people have become more conscious in buying gold. As jewelry demand went down, investment demand went up for gold in the form of coins or bars, for gold exchange-traded funds. The Gold price reaches a new record especially in the Indian market.

Moreover it is predicted that the gold price in Delhi will rise further from the current levels. So it is fruitful for the buyers to buy the gold right now further the prices will raise more and it is beneficial for the investors those who are thinking to sell their stored gold have to wait for a couple months so that they can get much better value in future.  

For knowing current gold price in Delhi you can take the aid of internet and can gather all updates in a few minutes. These days, online free classified sites are giving the wide information reading the gold price. So the gold price today in Delhi is important to you and visits these sites every day to know the current gold price today in India and the get speculations of next gold price.

To check out the today gold price in Delhi log on to online free classifieds. These classified sites update regularly the current price of gold.