Gold and Silver Prices Analyzed
The cost of gold and silver changed slightly on Thursday. 24-carat gold saw a small increase, while silver also rose. These changes affect how much people pay for these valuable metals.
Key Points
- Gold prices increased by ₹10-₹100 across major cities.
- 24-carat gold traded at ₹1,38,940 – ₹1,39,650 depending on location.
- 22-carat gold was stable at ₹1,27,360 – ₹1,28,010 across cities.
- Silver saw increases, with one kilogram at ₹2,33,100 – ₹2,44,100.
- US gold prices dipped slightly after a record high surge.
- Silver prices jumped 149% year-to-date, outpacing overall bullion gains.
City-Specific Prices (Thursday)
Here’s a breakdown of the prices for gold and silver in a few cities:
- Mumbai & Kolkata: 24-carat gold – ₹1,38,940, Silver – ₹2,33,100
- Chennai: 24-carat gold – ₹1,39,650, Silver – ₹2,44,100
- Delhi: 24-carat gold – ₹1,39,090, 22-carat gold – ₹1,27,510, Silver – ₹2,33,100
Global Market Trends
The global gold market also had some changes. US gold prices went down a little after rising to a new record. Silver and platinum also saw some of their gains slow down.
Changes in gold and silver prices are influenced by global events and market demand.
