New Delhi: Gold prices showed little movement on Monday as buyers and investors paused superiority of the week. Silver moreover held its ground with modest changes compared with recent days. Markets in major cities reported city-specific rates that could help buyers plan their purchases superiority of the wedding and festival season.
What are today's gold and silver prices?
In most major cities, the forfeit of 24-carat gold (also referred to as 999 pure gold) hovered virtually Rs 13,452 per gram, while 22-carat gold (which contains 91.67 percent pure gold, wontedly used in jewellery) was priced at Rs 12,331 per gram on December 22.
Silver moreover maintained strong levels at just over Rs 2,13,900 per kg in Delhi and the rate of Silver 925 (also known as Silver sterling) is at Rs 2,13,000 per kg.
Where are the rates strongest?
In the national capital, the gold was priced virtually Rs 13,400 per gram and Mumbai, Kolkata and Chennai reported similar levels, with minor variations due to local taxes and making charges.
- In Delhi, the current price of 24-carat gold is Rs 13,432 per gram and 22-carat gold is Rs 12,314 per gram.
- In Mumbai, the current price of 24-carat gold is Rs 13,417 per gram and 22-carat gold is Rs 12,299 per gram.
- In Kolkata, the current price of 24-carat gold is Rs 13,417 per gram and 22-carat gold is Rs 12,299 per gram.
- In Chennai, the current price of 24-carat gold is Rs 13,527 per gram and 22-carat gold is Rs 12,399 per gram.
In country, silver was trading at virtually Rs 2,13,900 per kilogram. Mumbai and Kolkata followed the same trend, while Chennai saw slightly higher rates, reflecting stronger local demand.
- Price of silver in Delhi is Rs 2139 per 10 grams.
- Price of silver in Mumbai is Rs 2139 per 10 grams.
- Price of silver in Kolkata is Rs 2139 per 10 grams.
- Price of silver in Chennai is Rs 2259 per 10 grams.
Prices in other cities typically tracked these levels, with small variations due to local taxes and demand.
Why are prices stable today?
Market traders say gold prices barely reverted from the previous session. A slight dip in global prices and steady domestic demand have kept rates tropical to recent levels. Silver moreover saw small corrections without recent rallies.
