Gold and silver prices witnessed notable gains amid ongoing fluctuations in the domestic market on Thursday. The Multi Commodity Exchange (MCX) recorded an upward movement, with gold prices rising 0.27 percent to reach ₹1,51,998 per 10 grams. Silver prices climbed more sharply by 0.88 percent, trading at ₹2,55,487 per kilogram.
Data from Goodreturns website indicated that the price for 24-carat gold stood at ₹15,246 per gram, while one kilogram of silver was priced at ₹2,70,000. These figures reflect the broader trend in physical and spot markets across the country.
City-wise retail prices for gold (as of the latest updates) showed slight variations depending on local market dynamics:
- In Hyderabad, 24-carat gold was priced at ₹15,246 per gram, 22-carat at ₹13,975 per gram, and 18-carat at ₹11,434 per gram.
- Bangalore reported identical rates: ₹15,246 (24-carat), ₹13,975 (22-carat), and ₹11,434 (18-carat) per gram.
- Kolkata mirrored these levels with 24-carat gold at ₹15,246 per gram, 22-carat at ₹13,975, and 18-carat at ₹11,434 per gram.
- In Delhi, rates stood at ₹15,239 per gram for 24-carat, ₹13,990 for 22-carat, and ₹11,449 for 18-carat gold.
- Mumbai aligned closely with several other cities, quoting ₹15,246 (24-carat), ₹13,975 (22-carat), and ₹11,434 (18-carat) per gram.
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The upward movement in benchmark futures on MCX comes as traders monitor global cues and domestic demand factors. Prices in major metropolitan and regional centers continue to reflect these shifts, with consumers and investors keeping a close watch on developments
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