English
Gold prices in India witnessed a slight decline today as global economic cues remained weak and domestic demand stayed moderate. The stronger dollar and fluctuating international market trends impacted local rates. While 24-carat gold traded at ₹12,584 per gram, silver remained steady at ₹164 per gram. Major cities recorded minor variations, with southern states showing comparatively higher prices.
Minor Fluctuations Seen in Gold Prices Across Major Cities
New Delhi: Gold prices in India saw a slight decline today. Normal demand in the domestic market and sluggish international economic trends were clearly reflected in today's gold rate. The strengthening of the dollar, fluctuations in the global market, and local jewelry purchases are the key factors that influence gold prices daily.
Today, 24-carat gold is trading at ₹12,584 per gram. This is 999-purity gold and is the most popular among investors.
22-carat gold, commonly used in jewelry making, was recorded at ₹11,535 per gram.
The price of 18-carat gold today was ₹9,438 per gram.
Gold prices have been fluctuating continuously for the past few days. Today's change was modest compared to yesterday.
Gold prices fall across major cities as global rates decline; Check price here
Silver prices remained stable today.
₹164 per gram
₹1,64,000 per kilogram
Slackening industrial demand and limited global market activity are keeping prices stable.
Gold prices remained slightly unchanged in several cities across the country today. Rates remained relatively high in some cities in South India.
Chennai, Coimbatore, Madurai
24 carat: ₹12,688/gram
22 carat: ₹11,630/gram
Mumbai, Kolkata, Bangalore, Hyderabad, Kerala, Pune
24 carat: ₹12,584/gram
22 carat: ₹11,535/gram
Delhi, Lucknow, Jaipur
24 carat: ₹12,599/gram
22 carat: ₹11,550/gram
Ahmedabad
24 carat: ₹12,589/gram
22 carat: ₹11,540/gram
Overall, gold prices were slightly higher in southern cities, while prices remained stable in cities in northern and western India. Silver prices remain consistent across the country.
Mumbai, Delhi, Kolkata, Pune, Nagpur: ₹164/gram
Chennai, Hyderabad, Kerala, Madurai: ₹172/gram
Silver remains slightly more expensive in South India.
Gold prices fall across major cities as global rates decline; Check price here
Experts believe that if you're considering investing in gold, current prices could be a good opportunity. However, it's important to understand market trends and global cues before investing.