Current Gold and Silver Prices: Check Today’s Rates for Delhi, Bengaluru, and Other Cities
Silver and gold prices continued their upward trajectory on Monday, with silver achieving a remarkable sixth consecutive session of gains. Strong investor demand and favorable global cues propelled silver futures to a record high of Rs 2,54,174 per kilogram on the Multi Commodity Exchange (MCX). However, shortly after reaching this peak, prices fell to an intraday low of Rs 2,33,120 as investors sought to secure profits. Meanwhile, gold prices remained near their all-time highs, with futures for February delivery trading at Rs 1,40,230 per 10 grams.
Silver’s Record-Breaking Rally
Silver has been on an impressive rally, driven by robust buying interest and positive trends in international markets. Over the past week, silver prices surged by Rs 31,348, marking a significant gain of 15.04 percent on the commodities exchange. The recent surge in silver prices reflects a broader trend of increasing investor confidence in precious metals as a hedge against economic uncertainty. Despite the brief dip after reaching record levels, the overall sentiment remains bullish, with many investors continuing to show strong interest in acquiring silver. This sustained demand is likely to keep prices volatile as market participants react to both domestic and international economic indicators.
Gold Prices Near All-Time Highs
Gold prices also exhibited resilience, remaining close to record levels in the domestic futures market. On the MCX, gold futures for February delivery saw a slight increase of Rs 357, or 0.26 percent, reaching Rs 1,40,230 per 10 grams. This follows an all-time high of Rs 1,40,465 per 10 grams recorded on Friday. In overseas markets, gold futures initially opened higher but later experienced a decline, settling at $4,536.80 per ounce, down by $15.90, or 0.35 percent. This fluctuation in gold prices can be attributed to profit-booking activities among investors following last week’s rally, highlighting the ongoing volatility in the precious metals market.
Current Gold Prices Across Major Cities
As of today, gold prices vary across major cities in India. In Ahmedabad, 22K gold is priced at Rs 12,995 per gram, while 24K gold is available for Rs 14,176 per gram. In Bengaluru, the prices are slightly lower, with 22K gold at Rs 12,990 per gram and 24K gold at Rs 14,171 per gram. Bhubaneswar reports similar rates, with 22K gold at Rs 12,990 per gram and 24K gold at Rs 14,171 per gram. Chennai shows a slightly higher rate, with 22K gold priced at Rs 13,020 per gram and 24K at Rs 14,204 per gram. In the national capital, Delhi, 22K gold is priced at Rs 13,005 per gram, while 24K gold is at Rs 14,186 per gram.
Silver Prices in Major Cities
Silver prices have also seen significant variations across different cities. In Ahmedabad and Bengaluru, silver is priced at Rs 2,58,000 per kg. However, in Bhubaneswar and Chennai, silver commands a higher price of Rs 2,81,000 per kg. In Mumbai and Delhi, silver remains at Rs 2,58,000 per kg, while Hyderabad also lists silver at Rs 2,81,000 per kg. Jaipur and Lucknow report silver prices at Rs 2,58,000 per kg, and Kolkata matches this rate as well. The fluctuations in silver prices across cities reflect local demand and supply dynamics, which can influence market trends.
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