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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.

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.

Gold Price Today In Major Cities

City

Gold Price (22-Carat/10 gm) Gold Price (24-Carat/10 gm) Silver Price (Rs/kg)
Delhi Rs 71,770 Rs 78,270 Rs 91,600
Noida Rs 71,770 Rs 78,270 Rs 91,600
Lucknow Rs 71,770 Rs 78,270 Rs 91,600
Mumbai Rs 71,610 Rs 78,120 Rs 91,600
Bengaluru Rs 71,610 Rs 78,120 Rs 91,600
Chennai Rs 71,610 Rs 78,120 Rs 1,00,100
Pune Rs 71,610 Rs 78,120 Rs 91,600
Ahmadabad Rs 71,660 Rs 78,170 Rs 91,600
Kolkata Rs 71,610 Rs 78,120 Rs 91,600
Hyderabad Rs 71,610 Rs 78,120 Rs 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.

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Current Version

Nov 30, 2024 09:55

Written By

Bindiya