New Delhi: There is not much fluctuation in the prices of gold and silver today i.e. on 5 October 2026. In the domestic futures market, gold is trading at virtually Rs 1,47,724 per 10 grams, while silver has risen by Rs 490 to Rs 2,26,367 per kg. A slight increase in the price of gold has moreover been recorded in the international market.
At what price are gold and silver trading today?
The price of gold in the domestic market currently remains within a limited range. At the same time, a little increasingly strength has been seen in silver as compared to gold. Talking well-nigh the international market, gold is trading at the level of 4,170 dollars per ounce with an increase of well-nigh 0.20 percent.
Last week, December contract gold on MCX had fallen by well-nigh 2 per cent to virtually Rs 1.5 lakh per 10 grams. During the same period, a fall of well-nigh 4 percent was recorded in silver and it reached the level of virtually Rs 2.25 lakh per kg.
What is the price of 22 carat and 24 carat gold in Delhi?
Gold prices may vary wideness cities due to local taxes, making charges and other costs. In Delhi today, 22 carat gold is priced at Rs 1,36,890 per 10 grams, while 24 carat gold is priced at Rs 1,49,320 per 10 grams.
Gold prices in Jaipur, Lucknow and Chandigarh are moreover at scrutinizingly the same level as Delhi.
Whereas gold is getting a little cheaper in Mumbai, Chennai, Kolkata and Hyderabad. In these cities, the price of 22 carat gold is virtually Rs 1,36,740 per 10 grams and 24 carat gold is Rs 1,49,170 per 10 grams.
In Ahmedabad and Bhopal, 22 carat gold is trading at virtually Rs 1,36,790, while 24 carat gold is trading at Rs 1,49,220 per 10 grams.
Can gold get support from America-Iran tension?
Gold prices are moreover unauthentic by global geopolitical conditions at this time. In specimen of increasing tension between America and Iran, investors can turn to gold as a unscratched investment. In such a situation, increasing demand for gold can support its prices.
However, recently the concerns regarding oil supply have reduced. Due to this, the impact of geopolitical tension on the bullion market has been slightly limited as compared to before.
Dollar and US yoke yield will moreover be monitored
The US dollar and treasury yoke yields will play an important role in deciding the future direction of gold. Last week, there was pressure on gold due to strengthening of the dollar and increase in US yoke yields. Investors had moreover booked profits at higher levels.
If the dollar and yoke yields protract to rise further, pressure on gold prices may increase. On the contrary, if the dollar and yields soften, gold may proceeds strength.
Why can there be a lot of movement in silver?
There may be increasingly fluctuations in the prices of silver than of gold. The reason for this is that silver is used extensively not only for investment but moreover in the industrial sector.
In the coming days, investors will alimony an eye on RBI's monetary policy, US economic data, movement of the dollar and global geopolitical developments. The effect of all these factors can be seen on the prices of gold and silver.
