Gold and Silver Prices Dip in Domestic Bullion Market

New Delhi, December 30  – The domestic bullion market witnessed a marginal decline today as gold and silver prices softened across major cities in India. The price of 24-carat gold is now trading between ₹77,980 and ₹77,830 per 10 grams, while 22-carat gold is priced between ₹71,490 and ₹71,340 per 10 grams. Silver also recorded a dip of ₹300 per kilogram, settling at ₹92,300 per kilogram in Delhi’s bullion market.

Gold and Silver Prices

City-Wise Gold Prices

In Delhi, 24-carat gold is priced at ₹77,980 per 10 grams, while 22-carat gold is trading at ₹71,490 per 10 grams. The country’s financial hub, Mumbai, is witnessing slightly lower prices, with 24-carat gold at ₹77,830 per 10 grams and 22-carat gold at ₹71,340 per 10 grams.

  • Ahmedabad: 24-carat gold at ₹77,880 per 10 grams and 22-carat gold at ₹71,390 per 10 grams.
  • Chennai: 24-carat gold priced at ₹77,830 per 10 grams and 22-carat at ₹71,340 per 10 grams.
  • Kolkata: Similar to Chennai, with 24-carat gold at ₹77,830 per 10 grams and 22-carat at ₹71,340 per 10 grams.

Other Major Markets

  • Lucknow: 24-carat gold is trading at ₹77,980 per 10 grams, while 22-carat gold is priced at ₹71,490 per 10 grams.
  • Patna: 24-carat gold at ₹77,880 per 10 grams and 22-carat gold at ₹71,390 per 10 grams.
  • Jaipur: Prices remain consistent with Delhi, with 24-carat gold at ₹77,980 and 22-carat gold at ₹71,490 per 10 grams.

Southern and Eastern Markets

In states like Karnataka, Telangana, and Odisha, a similar trend was observed. The bullion markets in Bengaluru, Hyderabad, and Bhubaneswar reported 24-carat gold trading at ₹77,830 per 10 grams, while 22-carat gold was priced at ₹71,340 per 10 grams.

Silver Prices Take a Hit

Silver also faced a decline, dropping ₹300 per kilogram. The price in Delhi settled at ₹92,300 per kilogram. This fall in silver prices mirrors the downward trend observed in gold, reflecting market adjustments as the year draws to a close.

What’s Driving the Decline?

The dip in gold and silver prices can be attributed to fluctuations in international market trends, currency movements, and investor sentiment. As global markets prepare for the New Year, volatility in bullion prices is expected to persist.

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