Gold, silver Rakhi in Demand: Check price in your city

Rakhi is just around the corner. Raksha Bandhan date is August 19, 2024. Sisters across the country are rushing around trying to find the perfect Rakhi for their brothers that expresses their love for their sibling. The options are varied. Right from the humble colored thread to fancy ones adorned with gold, silver and yes, even diamonds. Depending on how far the buyer’s  budget will stretch, jewellers have anything and everything that the mind can think of in terms of Rakhi-linked jewellery. And some Rakhi are even tailor-made.

What is Rakhi?

Rakhi is an important Hindu festival that celebrates the bond between brothers and sisters and involves the ceremonial tying of a band around the wrist of the brother plus a small puja, during the auspicious hour, to express its sanctity as well as the bond of protection that it signifies. The fest spans not just the immediate sister, but also cousins and the wider family. The correct phrase is actually Raksha Bandhan and it translates to ‘bond of protection’.

Why Gold, Silver Rakhi is in demand

Since love is above all value, no price can be put on it. Nevertheless, sisters look to express their feelings with as expensive and decorative a Rakhi as possible and that is what brings them to jewellers for rakhi made of gold, silver and other precious metals.

Since the shopping frenzy has begun, it is best to check the price of gold and silver in your city. From Delhi, Mumbai, Chennai, Kolkata to Begaluru, check gold and silver price in your city.

Notably, gold price today in India (22K) is Rs 6,670 for 1 gramme. The price of silver in India today is Rs 86 for 1 gramme, according to GoodReturns.   

Check gold price in cities below ahead of Rakhi festival:

Check silver price in cities below ahead of Rakhi festival:

 Gold, silver Rakhi: Raksha Bandhan date is August 19 and it is just around the corner. From Delhi, Mumbai, Chennai to Kolkata, check gold and silver price in your city.  Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today