The price of gold has increased further. On the morning of December 18, the price of 24-carat gold in Delhi rose to ₹134,670 per 10 grams. The price in Mumbai was ₹134,520 per 10 grams. The demand for gold has increased in both domestic and global markets. Gold trading in dollars has become cheaper for international buyers as the US dollar index fell to a two-month low. Gold is close to record high in global markets. The spot price of gold in the international market is $4,321.06 per ounce. Let us see the gold rates in some major cities of the country…
gold price in delhi
The price of 24-carat gold in Delhi is ₹134,670 per 10 grams. The price of 22-carat gold is ₹123,460 per 10 grams.
Mumbai, Chennai and Kolkata
At present, the price of 22-carat gold in Mumbai, Chennai and Kolkata is ₹123,310 per 10 grams, while the price of 24-carat gold is ₹134,520 per 10 grams.
Prices in Pune and Bengaluru
The price of 24-carat gold in these two cities is ₹134,520 per 10 grams and the price of 22-carat gold is ₹123,310 per 10 grams.
price of silver
Like gold, silver also saw a rise on Thursday morning. The price is ₹208,100 per kg. The spot price of silver in foreign markets has reached a new record high of $66.52 an ounce. The rise in silver is due to reduced supply, increased demand for safe haven investments, strong inflows into silver ETFs and rising expectations of further interest rate cuts by the Federal Reserve. The rise in silver prices got further boost from the news that China is planning to ban silver exports from 2026. If this happens, it will increase pressure on the global market. China’s silver reserves are at their lowest level in a decade. Silver prices have increased by 127 percent so far this year.