Gold and Silver Rates in India: Check Latest Rates in Your City

Gold prices in India rose marginally on Thursday. Today’s 24-carat gold rates in India are ₹7,965.3 per gram, up by ₹870 from the previous day. 22-carat gold is at ₹7,303.3 per gram, up by ₹800. Silver prices fell marginally. Today’s silver rates in India are ₹98,500 per kilogram, down by ₹1,200.

Weekly Trends in Gold and Silver Rates

Over the last week, the 24-carat gold rate in India today has witnessed a slight movement of 0.14%. Every month, the gold price has declined by 1.21%. Silver prices too have witnessed slight movements due to global and demand factors.

Gold and Silver Prices in Major South Indian Cities

Gold rates differ in major southern cities. The gold rate for today in Chennai is quoted at ₹79,501 per 10 grams, while for Bangalore, it is slightly lower at ₹79,495. Hyderabad records it at ₹79,509, while Visakhapatnam and Vijayawada follow closely at ₹79,517 and ₹79,515, respectively.

Mixed is the trend for silver rates in these cities. Chennai stands at the top with ₹105,600 per kilogram and Hyderabad is at ₹106,200. It has gone to ₹107,000 at Vijayawada and ₹97,500 and ₹104,600, respectively, in Bangalore and Visakhapatnam.

Gold and Silver Rates in Key South Indian Cities (December 12, 2024)

What’s Behind Gold and Silver Price Movements?

The gold and silver rates in India today are influenced by multiple factors. Global demand, currency exchange fluctuations, and interest rates play a significant role. Government policies and geopolitical events also impact these rates. Expert insights from jewelers highlight market trends, helping buyers and investors make informed decisions.

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