Gold and Silver Rates Today: Latest Prices in Mumbai, Delhi, Chennai & Other Cities

Gold and silver prices are expected to move sideways with mild volatility in the coming week as investors remain cautious ahead of crucial global economic cues. Market participants are closely tracking upcoming US inflation data, GDP readings, and policy signals from the Federal Reserve, all of which could influence the near-term direction of bullion prices.

In the domestic market, gold was trading at ₹1,56,520 per 10 grams on Sunday, while silver stood at ₹2,46,060 per kg, according to data from the Bullions. Analysts believe that while gold and silver continue to benefit from safe-haven demand, central bank purchases, and a relatively softer dollar index, several factors are preventing a strong breakout.

Mixed physical demand from key consuming nations like India and China, along with profit-booking by ETF investors, has capped gains. Additionally, resilient US macroeconomic data has reduced expectations of aggressive rate cuts, keeping bullion prices in a tight range. Experts quoted by Press Trust of India suggest that clarity on future monetary policy will be crucial for determining the next decisive move in precious metals.

Gold prices across major Indian cities

Gold prices vary across regions, with southern cities continuing to command a premium over northern markets.

• Chennai leads among metros at ₹1,56,690 per 10 grams
• Hyderabad follows at ₹1,56,490
• Bengaluru is trading at ₹1,56,360
• Mumbai, the financial hub, stands at ₹1,56,240
• Kolkata records ₹1,56,030
• Delhi remains slightly lower at ₹1,55,970

Silver prices across major Indian cities

Silver prices are also holding firm, supported by industrial demand and global trends.

• Chennai tops the list at ₹2,46,320 per kg
• Hyderabad trades at ₹2,46,000
• Bengaluru is priced at ₹2,45,800
• Mumbai records ₹2,45,610
• Kolkata stands at ₹2,45,280
• Delhi is marginally lower at ₹2,45,190

International bullion trends

Globally, gold prices edged lower as investors booked profits after the metal briefly surged above the $5,000-an-ounce mark following softer US inflation data. Gold slipped up to 0.8% after rising sharply in the previous session. Silver also declined around 1% to $76.66 an ounce, while platinum and palladium traded slightly weaker. Despite the pullback, analysts say underlying support for precious metals remains intact amid geopolitical uncertainty and central bank demand.

Overall, gold and silver are likely to stay range bound in the near term, with global economic indicators and policy signals continuing to drive short-term price movements.


Disclaimer: Gold and silver prices mentioned in this article are indicative and may vary across cities, jewellers, and bullion dealers due to taxes, making charges, and local demand-supply dynamics. The information provided is for general awareness only and should not be considered as investment advice. Readers are advised to consult certified financial experts before making any investment decisions.