Gold and silver prices remained largely unchanged on Monday amid US-Iran ceasefire progression. Gold prices are likely to remain range-bound in the coming week as traders await more clarity on the evolving US-Iran negotiations, while silver is expected to retain a positive bias amid persistent geopolitical uncertainty and elevated energy rates, analysts told PTI.
The gold rate in India on Monday is Rs 1,59,350 per 10 gms while the silver rate in India was Rs 2,72,290 per 1 kg, according the Bullions website.
In the international market, spot gold was up 1.5% at $4,575.30 an ounce at 8:11 a.m. in Singapore. Silver was 4% higher at $78.53, reported Bloomberg.
Gold Price Today
In Mumbai, the financial heart of the country, 24-carat gold is retailing at approximately Rs 1,59,060 per 10 grams. Kolkata follows a similar trend, with its gold rate reported at Rs 1,58,850. Both cities are ahead of the national capital, Delhi, where the 24-carat rate currently stands at Rs 1,58,790, according to Bullions website.
The southern markets continue to record the highest figures in the country. Chennai leads the metros with a peak rate of Rs 1,59,520 while Hyderabad and Bengaluru follow closely at Rs 1,59,310 and Rs 1,59,190 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 2,71,800 per kg. In the national capital, Delhi, silver is keeping pace with Mumbai, currently priced at Rs 2,71,330 per kg, according to Bullions website
Chennai and Hyderabad are seeing silver trade at approximately Rs 2,72,590 and Rs 2,72,230 per kg, respectively. Bengaluru follows closely, with rates hovering around Rs 2,72,010 per kg. Silver rates in Kolkata are currently trading at roughly Rs 2,71,440.
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Gold Rates City-Wise
The following rates are as per 10 grams of gold. (24 Karat
Mumbai: Rs 1,59,060
Delhi: Rs 1,58,790
Bengaluru: Rs 1,59,190
Chennai: Rs 1,59,520
Hyderabad: Rs 1,59,310
Kolkata: Rs 1,58,850
Silver Rates City-Wise
The following rates are as per 1 kg
Mumbai: Rs 2,71,800
Delhi: Rs 2,71,330
Bengaluru: Rs 2,72,010
Chennai: Rs 2,72,590
Hyderabad: Rs 2,72,230
Kolkata: Rs 2,71,440
ALSO READ: Gold, Silver Price Today, May 24: Check Prices In Mumbai, Delhi, Chennai, Kolkata, Bangalore
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