Gold and silver prices continued their upward momentum for the second consecutive day, reflecting growing global uncertainty and rising geopolitical tensions. Developments related to international sanctions and pressure on Venezuela have had a ripple effect across global commodity markets, strengthening the appeal of safe-haven assets like gold and silver. As a result, investors and buyers are witnessing a fresh surge in precious metal prices today.
After witnessing a brief phase of stability earlier, gold prices have once again moved higher. In the national capital, the price of 24-carat gold increased by ₹10 per 10 grams, while 22-carat gold also rose by ₹10 per 10 grams. Over the last two days, 24-carat gold prices have jumped by ₹2,410 per 10 grams, and 22-carat gold has become costlier by ₹2,210 per 10 grams.
Market experts attribute this rise to persistent geopolitical tensions, fluctuations in global currencies, and cautious sentiment among investors. Gold, traditionally considered a hedge against uncertainty and inflation, has once again attracted attention from both retail buyers and long-term investors.
Here is a look at the latest prices of gold across 10 key cities, based on purity levels:
Delhi:
24 Carat – ₹1,38,380 | 22 Carat – ₹1,26,860 | 18 Carat – ₹1,03,830
Mumbai & Kolkata:
24 Carat – ₹1,38,230 | 22 Carat – ₹1,26,710 | 18 Carat – ₹1,03,680
Chennai:
24 Carat – ₹1,39,210 | 22 Carat – ₹1,27,610 | 18 Carat – ₹1,06,510
Bengaluru & Hyderabad:
24 Carat – ₹1,38,230 | 22 Carat – ₹1,26,710 | 18 Carat – ₹1,03,680
Lucknow & Jaipur:
24 Carat – ₹1,38,380 | 22 Carat – ₹1,26,860 | 18 Carat – ₹1,03,830
Patna & Ahmedabad:
24 Carat – ₹1,38,280 | 22 Carat – ₹1,26,760 | 18 Carat – ₹1,03,730
Silver has also followed gold’s upward trend. After remaining unchanged for a day, silver prices have surged sharply over the past two sessions. In the national capital, silver has become costlier by ₹7,100 per kilogram over two days.
Looking at recent movements, silver had earlier seen a decline of ₹1,000 per kilogram in a single day, followed by a sharp rise of ₹4,000 per kilogram on another day. Towards the end of last year and the beginning of the new year, silver prices had dropped significantly, falling by nearly ₹24,000 per kilogram over four days. However, the current trend indicates a strong recovery.
As of today, silver is trading at ₹2,48,100 per kilogram in Delhi, up by ₹100 compared to the previous session. Mumbai and Kolkata are also witnessing similar rates, while Chennai continues to have the highest silver prices among major cities, with silver trading at ₹2,66,100 per kilogram.
With global uncertainties still unresolved, experts believe that gold and silver prices may remain volatile in the near term. Investors are advised to keep an eye on international developments, currency movements, and central bank policies before making buying decisions.
