- Gold prices rose on Thursday due to firm spot demand and fresh speculative positions
- Silver prices increased, tracking strong international market trends and central bank buying
- Gold rates in India range from Rs 1,55,490 in Delhi to Rs 1,56,220 in Chennai per 10 grams
Gold prices rose on Thursday futures trade as speculators created fresh positions on a firm spot demand. Even, silver prices tracking strong trends in the international markets. The near-term sentiment remains cautious amid a firm US dollar and uncertainty around the policy outlook of the US Federal Reserve. However, safe-haven and ongoing central bank buying continue to provide support on dips, analysts told PTI.
The gold rate in India on Thursday is Rs 1,56,050 per 10 gms while the silver rate is Rs 2,43,630 per 1 kg, according the Bullions website.
In the international market, spot silver gained $2.06, or 3%, to $75.60 per ounce, and gold rose nearly 1% to $4,918.64 per ounce.
Gold Price Today
In Mumbai, the financial heart of the country, 24-carat gold is retailing at approximately Rs 1,55,760 per 10 grams. Kolkata follows a similar trend, with its gold rate reported at Rs 1,55,560. Both cities are ahead of the national capital, Delhi, where the 24-carat rate currently stands at Rs 1,55,490.
The southern markets continue to record the highest figures in the country. Chennai leads the metros with a peak rate of Rs 1,56,220, while Hyderabad and Bengaluru follow closely at Rs 1,56,010 and Rs 1,55,890 respectively, keeping the price gap between the southern hubs and the northern capital distinct.
Silver Price Today
Here is how the silver rates are unfolding across major Indian hubs today: Mumbai is the epicenter of this price rally. The current silver rate in Mumbai is Rs 2,43,180 per kg. In the national capital, Delhi, silver is keeping pace with Mumbai, currently priced at Rs 2,42,760 per kg.
Chennai and Hyderabad are seeing silver trade at approximately Rs 2,43,890 and Rs 2,43,570 per kg, respectively. Bengaluru follows closely, with rates hovering around Rs 2,43,370 per kg. Silver rates in Kolkata are currently trading at roughly Rs. 2,42,860.
Gold Rates City-Wise
The following rates are as per 10 grams of gold.
Mumbai: Rs 1,55,760
Delhi: Rs 1,55,490
Bengaluru: Rs 1,55,890
Chennai: Rs 1,56,220
Hyderabad: Rs 1,56,010
Kolkata: Rs 1,55,560
Silver Rates City-Wise
The following rates are as per 1 kg
Mumbai: Rs 2,43,180
Delhi: Rs 2,42,760
Bengaluru: Rs 2,43,370
Chennai: Rs 2,43,890
Hyderabad: Rs 2,43,570
Kolkata: Rs 2,42,860
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