Gold-Silver Rate Today: Inflation broke all records, gold was close to Rs 1.30 lakh and the speed of silver surprised everyone.

Today is Sunday, 30th November. If you are planning to go to a jewelery showroom today on a holiday, then be careful and check your pockets. The rise in the bullion market this week has ruined the budget of the common man.

Within just a week, the price of gold has increased by about Rs 3,980 (24 carat). At the same time, silver has gained the speed of a rocket, there has been a huge rise of Rs 21,000 in a week.

Desperate to touch 1 lakh 30 thousand gold in Delhi

Gold prices in the capital Delhi are reaching their highest ever level.

• Today, on November 30, the price of 24 carat (pure gold) in Delhi has become Rs 1,29,970 per 10 grams. That means just Rs 30 less than Rs 1.30 lakh.
• At the same time, 22 carat gold for jewelery is being sold at Rs 1,19,150 per 10 grams.

What are the rates prevailing in other cities of the country?

The heat of inflation is not limited to Delhi only. From Mumbai to Kolkata, prices have increased everywhere.

Why is there this ‘fire’?
This inflation has a direct connection with America.

1. Interest Rates: It is expected that the Federal Reserve Bank of America will cut interest rates in December. When interest rates fall, big investors consider it safe to leave bonds and invest money in gold.
2. Global Quote: In the international market, gold is trading at $ 4,169 per ounce, which is directly impacting the domestic market of India.

Silver broke all earning records
If you had bought silver some time ago, you would have been rich today. The increase of Rs 21,000 in silver on weekly basis is not insignificant.

• Today, on November 30, the price of silver has reached Rs 1,85,000 per kg.
• In the global market it is $ 53.81 per ounce.

Will prices increase further by 2026?
According to famous author Robert Kiyosaki (who has written ‘Rich Dad Poor Dad’), this is just the beginning. He estimates that silver may soon reach $70 and $200 an ounce by 2026. This means that silver is going to give tough competition to gold in the coming times.

Therefore, if you are thinking from an investment point of view, then according to experts, this is a very turbulent time. Be sure to check the rates before purchasing.