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.