Gold has become even more expensive. On the morning of December 19, the price of 24-carat gold in the capital Delhi reached Rs 135,000 for 10 grams. In Mumbai, the price has increased to Rs 134,850 for 10 grams. Gold has been supported by domestic demand, expectations of interest rate cuts by the US Federal Reserve and ongoing geopolitical risks. In the international market, the spot price of gold is $4,325.02 per ounce. Let’s see the gold rates in some major cities of the country…
gold price in delhi
In Delhi, the price of 24-carat gold is Rs 135,000 for 10 grams. The price of 22-carat gold is Rs 123,760 for 10 grams.
City 22 Karat Gold Rate Today (₹) 24 Karat Gold Rate Today (₹) Delhi 123760 135000 Mumbai 123610 134850 Ahmedabad 123660 134900 Chennai 123610 134850 Kolkata 123610 134850 Hyderabad 123610 134850 Jaipur 123760 135000 Bhopal 123660 134900 Lucknow 123760 135000 Chandigarh 123760 135000
Mumbai, Chennai and Kolkata
Currently, in Mumbai, Chennai and Kolkata, the price of 22-carat gold is Rs 123,610 for 10 grams, while the price of 24-carat gold is Rs 134,850 for 10 grams.
Prices in Pune and Bengaluru
In both these cities, the price of 24-carat gold is Rs 134,850 for 10 grams and the price of 22-carat gold is Rs 123,610 for 10 grams. Federal Reserve Governor Christopher Waller has supported further interest rate cuts. However, he also said that policy makers can proceed with caution. His comments came after US labor data, which suggested further moderation. The unemployment rate in America has reached its highest level in four years. The increase in jobs in November could not compensate for the slowdown seen in October.
price of silver
Like gold, silver also witnessed a rise on Friday morning. The price reached Rs 211,100 per kg. In overseas markets, the spot price of silver is $66.04 an ounce. Decreased supply, increased demand for safe-haven investments, strong retail and industrial demand, strong inflows into silver ETFs, and rising expectations of further interest rate cuts by the Federal Reserve are driving silver prices higher. The silver rally got a further boost from reports that China is planning to ban silver exports from 2026. If this happens, it will put a lot of pressure on the global market. China’s silver reserves are at their lowest level in the last decade. Silver prices have increased by 126 percent so far this year. Analysts believe silver supply is declining for the fifth consecutive year, and this trend is likely to continue.
