Gold, Silver Prices Ease Amid Market Volatility: Current Rates Across Major Cities
Image Source: Internet
{ "title": "Gold, Silver Prices Ease Amid Market Volatility: Current Rates Across Major Cities", "article": "In a slight change of pace, gold and silver prices have eased in major Indian cities following a significant surge over the past few days. Market analysts attribute this trend to investors seeking safer assets amidst market volatility. As of January 31, gold prices in Delhi stood at ₹16,934 per gram for 24-karat gold, ₹15,524 per gram for 22-karat gold, and ₹12,704 per gram for 18-karat gold, also known as 999 gold. Silver prices in Delhi were quoted at ₹394.90 per gram, equivalent to ₹3,94,900 per kilogram. A city-wise breakdown of current prices reveals a mixed picture: - **Mumbai**: Gold prices were marginally lower than Delhi, with 24-karat gold priced at ₹16,919 per gram, 22-karat gold at ₹15,509 per gram, and 18-karat gold at ₹12,689 per gram. Silver prices remained the same as Delhi, at ₹394.90 per gram or ₹3,94,900 per kilogram. - **Hyderabad**: The city saw gold rates similar to Mumbai, with 24-karat gold priced at ₹16,919 per gram, 22-karat gold at ₹15,509 per gram, and 18-karat gold at ₹12,689 per gram. However, silver traded at a premium, quoted at ₹404.90 per gram and ₹4,04,900 per kilogram. - **Bengaluru**: The price of gold in Bangalore today is Rs16,919 per gram for 24-karat gold, ₹15,509 per gram for 22-karat gold, and ₹12,689 per gram for 18-karat gold. The price of silver in Bangalore today is ₹394.90 per gram and ₹3,94,900 per kilogram. - **Kolkata**: The price of gold in Kolkata today is ₹16,919 per gram for 24-karat gold, ₹15,509 per gram for 22-karat gold, and Rs12,689 per gram for 18-karat gold. The price of silver in Kolkata is ₹394.90 per gram and ₹3,94,900 per kilogram. On January 30, gold and silver prices declined in domestic markets, retreating from record highs reached earlier in the week. Twenty-four-carat gold slipped below its peak level across major cities, while silver continued to trade below the ₹4 lakh per kilogram mark."
