Gold price today: Amid the gold rush during the wedding season in the country, the prices of yellow metal jumped on Thursday, December 22. The rate of 24-carat gold (10 gram) saw an increase of Rs 540 and the precious metal was selling at Rs 54,650. Meanwhile, silver prices too witnessed an upward trend on Thursday.
22-carat and 24-carat Gold price today
According to the GoodReturns website, the price of 10 grams of 22-carat gold is up Rs 500 and the yellow metal is trending at Rs 50,100 today. The price of 10 grams of 24-carat gold is Rs 54,650, up Rs 540.
22-carat and 24-carat gold price yesterday
The price of 10 grams of 22-carat gold on Wednesday was Rs 49,600, while the price of 10 grams of 24-carat gold was Rs 54,110.
Gold price today in major cities (10 grams)
- Mumbai: Rs 50,100 (22-carat); Rs 54,650 (24-carat)
- Kolkata: Rs 50,100 (22-carat); Rs 54,650 (24-carat)
- Delhi: Rs 50,250 (22-carat); Rs 54,820 (24-carat)
- Chennai: Rs 51,180 (22-carat); Rs 55,830 (24-carat)
- Hyderabad: Rs 50,100 (22-carat); Rs 54,650 (24-carat)
Gold bullion jumped in terms of all major currencies bar the Yen on Tuesday, breaching $1800 per ounce in US Dollar terms after the Bank of Japan shocked global markets. It loosened its ‘yield curve control’ over Tokyo’s long-term bond prices, letting the cost of borrowing jump sharply to 7-year highs. According to bullionvault website, gold spot price today by GMT +05:30 was $1,819.15 per ounce.
Silver price today
Silver is selling at Rs 70,100 per kg, a jump of Rs 800, on Thursday, December 22, 2022. In Delhi, Mumbai, and Kolkata, the price of 1 Kg silver is Rs 70,100, while the precious metal is trading at Rs 74,700 per kg in Chennai, Bengaluru, and Hyderabad.
Silver price yesterday
Silver was selling at Rs 69,300 per kg on Wednesday, December 21, 2022 after the prices went down by Rs 200.
ALSO READ: Gold Rush – Some useful tips to follow when buying gold this wedding season