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Gold Price Today: Precious Metal Shines Amid Wedding Season Demand; Check Rates In Bengaluru, Chennai And More Cities

The price of ten grams of 22-carat gold in Mumbai is Rs 71,610, the same as in Kolkata, Bengaluru, Chennai and Hyderabad. The price of ten grams of 22-carat gold in Delhi is Rs 71,770.

Gold Price Today: Precious Metal Shines Amid Wedding Season Demand; Check Rates In Bengaluru, Chennai And More Cities

Gold price today: The price of 24-carat gold on Saturday rose by Rs 10 in early trade, with ten grams of the yellow metal selling at Rs 78,120, according to GoodReturns. Silver prices rose by Rs 100, with one kilogram of the precious metal trading at Rs 91,600. 22-carat gold price today witnessed an increase of Rs 10 and the ten grams of the yellow metal was trading at Rs 71,610.

In Mumbai, the price of ten grams of 24-carat gold is equivalent to the prices in Kolkata, Bengaluru, Chennai and Hyderabad at Rs 78,120. The rate of ten grams of 24-carat gold today is Rs 78,270.

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The price of ten grams of 22-carat gold in Mumbai is Rs 71,610, the same as in Kolkata, Bengaluru, Chennai and Hyderabad. The price of ten grams of 22-carat gold in Delhi is Rs 71,770.

In Delhi, one kilogram of silver is selling at Rs 91,600, which is on par with prices in Mumbai and Kolkata. In Chennai, one kilogram of silver is selling at Rs 1,001,000.

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Gold Price Today In Major Cities

City

Gold Price (22-Carat/10 gm)Gold Price (24-Carat/10 gm)Silver Price (Rs/kg)
DelhiRs 71,770Rs 78,270Rs 91,600
NoidaRs 71,770Rs 78,270Rs 91,600
LucknowRs 71,770Rs 78,270Rs 91,600
MumbaiRs 71,610Rs 78,120Rs 91,600
BengaluruRs 71,610Rs 78,120Rs 91,600
ChennaiRs 71,610Rs 78,120Rs 1,00,100
PuneRs 71,610Rs 78,120Rs 91,600
AhmadabadRs 71,660Rs 78,170Rs 91,600
KolkataRs 71,610Rs 78,120Rs 91,600
HyderabadRs 71,610Rs 78,120Rs 1,00,100
Source: Good Returns

International Market

Gold prices in the United States rose on Friday, boosted by the falling dollar and ongoing geopolitical tensions, but bullion is still facing its worst monthly loss since September 2023, following a post-election sell-off triggered by Donald Trump’s victory.

Spot gold rose 0.5 per cent to $2,652.71 an ounce by 1:40 pm ET (1840 GMT). However, it is expected to see a weekly drop of more than 2% after a sharp fall earlier in the week. US gold futures closed up 0.6% at $2,681.

Gold has fallen 3% so far this month, its worst monthly drop since September 2023, as “Trump euphoria” pushed the dollar higher at the start of the month and halted gold’s rise, triggering a post-election sell-off.

Gold, supported this year by geopolitical tensions and interest rate cuts by the Federal Reserve, is now under pressure as higher tariffs could fuel inflation and prompt the Fed to act cautiously on further rate cuts.

Spot silver rose 0.9 per cent to $30.54 an ounce, platinum rose 1.7 per cent to $946.83 and palladium rose 0.7 per cent to $981.63 an ounce.

ALSO READ: December Bank Holidays 2024- What’s The Full Schedule For Your State? Check Here

HISTORY

Written By

Bindiya


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