Gold and silver prices in India continue to attract investor attention as global trends and local demand impact daily rates. Today, gold prices for 24K purity range between ₹1,40,000 to ₹1,55,000 per 10 grams, while silver trades around ₹2,50,000 to ₹2,74,000 per kilogram. These prices fluctuate based on purity, GST, and city-wise variations. Let’s explore the latest updates, major highlights, and factors influencing the market today.
1. Gold Prices Across India
Today’s 24K gold price averages between ₹14,000 and ₹15,500 per gram (₹1,40,000–₹1,55,000 per 10g), depending on purity and location. The 22K gold rate is slightly lower, making it more popular for jewellery buyers in cities like Mumbai, Delhi, and Ahmedabad.
2. Silver Rate Overview
Silver maintains strong momentum with prices between ₹2,50,000 and ₹2,74,000 per kg (₹250–₹275 per gram). Investors consider silver an affordable alternative to gold, especially for short-term gains.
3. Market Influence Factors
Gold and silver prices are influenced by international gold rates, USD-INR exchange values, inflation data, and crude oil prices. Recent global economic trends and expectations of U.S. interest rate cuts have contributed to price volatility.
4. Jewellery Price Variation
Jewellery rates vary due to making charges, GST (3%), and retailer margins. Hence, the price at your local jeweller may differ from the standard bullion rate listed on MCX or online sources.
5. Investment Demand Rising
Indian investors are steadily increasing gold and silver purchases as safe-haven assets amid global uncertainty. Festivals and wedding seasons also play a key role in boosting market demand.
6. City-Wise Rate Comparison
- Delhi: Gold ₹15,450/10g | Silver ₹272/kg
- Mumbai: Gold ₹15,420/10g | Silver ₹269/kg
- Ahmedabad: Gold ₹15,380/10g | Silver ₹270/kg
- Chennai: Gold ₹15,460/10g | Silver ₹273/kg
- Kolkata: Gold ₹15,410/10g | Silver ₹271/kg
These figures represent average values, subject to daily adjustments.
Conclusion
Gold and silver continue to be reliable investment choices in India, driven by economic trends and festive demand. While prices remain high, market experts expect further stability ahead. Buyers should track daily updates and compare rates across cities before investing to secure the best possible value.
Sana