Check gold and silver rates today across major Indian cities and explore what affects their market dynamics!
Gold and silver prices in India, shaped by global trends, currency movements, and domestic demand, continue to fluctuate. Here’s a look at the latest updates and prices across major cities.
“In response to Fed minutes that suggested a possible delay in the rate-easing cycle, gold is trading strongly. Furthermore, investors are turning to precious metals for stability as a result of increased market volatility brought on by elevated geopolitical tensions. Moreover, the Indian government has made the biggest modification to its gold import projections in history, cutting them by an extraordinary $5 billion (56 tons) in November. According to DGCIS, India imported $9.84 billion (117 tonnes) of gold in November, which was far less than the $14.86 billion (173 tonnes) preliminary estimate that was released last month.,” added Renisha Chainani, Head of Research at Augmont.
“Additionally, solid growth in 2024 has increased industrial demand for silver, which is expected to reach 700 million ounces for the first time. This increase is fueled by silver’s crucial role in consumer electronics, 5G networks, electric vehicles, and solar technology, establishing silver as a material that is essential for promoting innovation and aiding in the shift to clean energy solutions,” added Chainani.
Read More: TCS dividend announced: Interim dividend of Rs 10, special dividend of Rs 66
Gold and silver rates today, January 10
The 24-carat gold rate in India was Rs 79,210 per 10 grams on January 10. The rate for 24-carat gold per gram is Rs 7921. While the rate of 22-carat gold was Rs 72,610 per 10 grams.
On January 10, 24-carat gold prices surged to Rs 79,210 for 10 grams, while silver fell to Rs 92,400 per kilogram, as per Good Returns.
Gold rate in Mumbai on January 10
The Gold rate in Mumbai is Rs 79,210/10 grams today. On January 9, the gold was available for 79,200/10 grams.
Silver rate in Mumbai on January 10
Silver rate in Mumbai was Rs 101,400/Kg on January 10, while it was priced at Rs 92,400/Kg on the previous day.
Read More: Govt Plans To Allocate Rs 35,000 Cr LPG Subsidy To IOC, BPCL, And HPCL
Gold rate in Delhi on January 10
On January 10, the gold rate in Delhi is Rs 79,360/10 grams for 24 carat. The gold was quoted at Rs 72,760/10 grams for 22 carat.
Silver rate in Delhi on January 10
The silver rate in Delhi was Rs 92,400/Kg on January 10. The price of silver for 10 gram Rs 1004/gram on January 10.
Gold rate in Kolkata on January 10
The gold rate in Kolkata was Rs 79,210/10 grams, today, January 10. The glittering metal was selling for Rs 72,610/10 grams for 22 carat.
Silver rate in Kolkata on January 10
Today, the silver rate in Kolkata is Rs 92,400/Kg and for 10 gram, it was priced 1004.
Read More: Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On January 10
Gold rate in Chennai on January 10
On January 10, the gold rate in Chennai was Rs 79,210/10 grams for 24 carat gold and 22 carat was priced at Rs 72,610/10 grams.
Silver rate in Chennai on January 10
The silver rate in Chennai today, January 10, is Rs 9,990/Kg and for 10 gram it is priced at Rs 999.
