Gold and Silver Prices Today: Gold rates stayed high in many major Indian cities on Thursday mirroring firm global bullion levels and that steady domestic pull. Latest retail numbers put 24-carat gold hovering above ₹14,400 per gram in most places while silver prices also looked steady, with investors still quite interested. Market folks are watching the Multi Commodity Exchange (MCX) very closely along with shifts in the US dollar, Treasury yields and what people expect from global rate cuts or hikes.
Gold and Silver Prices Today in Major Indian Cities
- Chennai: 24K – ₹14,532/g | 22K – ₹13,321/g | 18K – ₹11,081/g
- Mumbai: 24K – ₹14,445/g | 22K – ₹13,241/g | 18K – ₹10,834/g
- Delhi: 24K – ₹14,460/g | 22K – ₹13,256/g | 18K – ₹10,849/g
- Kolkata: 24K – ₹14,445/g | 22K – ₹13,241/g | 18K – ₹10,834/g
- Bengaluru: 24K – ₹14,445/g | 22K – ₹13,241/g | 18K – ₹10,834/g
- Hyderabad: 24K – ₹14,445/g | 22K – ₹13,241/g | 18K – ₹10,834/g
- Kerala: 24K – ₹14,445/g | 22K – ₹13,241/g | 18K – ₹10,834/g
- Pune: 24K – ₹14,445/g | 22K – ₹13,241/g | 18K – ₹10,834/g
- Vadodara: 24K – ₹14,450/g | 22K – ₹13,246/g
Silver Price Today
Silver prices remained broadly stable in the domestic physical market, supported by steady industrial demand and global bullion trends. Currently, the price of silver in India is Rs 234.90 per gram and Rs 2,34,900 per kilogram.
MCX Update
On the Multi Commodity Exchange (MCX), gold traded with a positive bias during early trade as investors preferred safe-haven assets amid global economic uncertainty. According to the news agency IANS report, on the Multi Commodity Exchange (MCX), gold futures for the August 5 contract opened at Rs 1,45,200 per 10 grams, down Rs 192 from the previous close of Rs 1,45,392.
At around 10:35 am, the yellow metal was trading at Rs 1,45,000 per 10 grams, down Rs 392 or 0.27 per cent. Meanwhile, Silver futures (September 4) too witnessed selling pressure in early trade, falling as much as 0.83 per cent or Rs 1,932 to hit an intraday low of Rs 2,28,925 per kg.
Market Outlook
Bullion analysts believe gold is likely to remain volatile in the near term as global markets await fresh economic indicators and signals from major central banks. Domestic prices are also expected to react to fluctuations in the rupee and international spot gold prices.
