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Gold Rates Remain Stable in Delhi, Mumbai, Bengaluru
New Delhi: Gold and silver prices in India remained stable today on Tuesday. Prices remained roughly the same in major cities compared to the previous day, although some places saw slight increases. Market experts believe domestic demand remains normal despite international cues.
According to the latest data, the average price of 24-carat gold hovered around ₹145,748 per 10 grams. There were slight variations across cities.
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The price of 24-carat gold remained the same in Delhi and Bengaluru, while it was slightly higher in Mumbai. Gold prices remained at their highest in Noida. A similar pattern was observed for 22-carat gold prices, with Delhi and Bengaluru remaining consistent, but other cities seeing slight increases.
Experts believe that this slight variation across cities is due to local taxes and transportation costs.
Delhi: 24K - ₹145,748 | 22K - ₹133,505
Bengaluru: 24K - ₹145,748 | 22K - ₹133,505
Mumbai: 24K - ₹145,893 | 22K - ₹133,893 (approx variation)
Noida: 24K - ₹146,622 | 22K - ₹145,059
Like gold, silver prices also remained stable on Tuesday. The average price of 10 grams of silver remained at ₹2,293.97, the same as the previous day. However, some cities saw slight increases.
Silver prices in Mumbai and Noida were slightly higher than in Delhi and Bengaluru. Currently, prices are not experiencing significant fluctuations due to the balanced demand and supply in the market.
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Delhi: ₹2,293.97
Bengaluru: ₹2,293.97
Mumbai: ₹2,314.62
Noida: ₹2,307.73
Global Market Impact
Gold prices recorded a slight increase in the international market. Investor sentiment improved amid expectations of easing tensions in the Middle East. However, gold remains under pressure on a monthly basis due to the strength of the US dollar and uncertainty regarding interest rates.
