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Gold price today: Yellow metal, silver witness drop! Check rates in Delhi, Chennai and other cities

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Gold price today: Amid the gold rush during the wedding season in the country, the prices of yellow metal dropped on Friday, December 16. The rate of 24-carat gold (10 gram) is Rs 54,530, a drop of Rs 350. The gold price of 24-carat gold (10 gram) on Thursday was 54,880. Meanwhile, silver prices too witnessed a downward trend on Friday.

22-carat and 24-carat Gold price today

According to the GoodReturns website, the price of 10 grams of 22-carat gold is down Rs 310 and is trending at Rs 49,990 today. The price of 10 grams of 24-carat gold is down Rs 350 and the yellow metal is trending at Rs 54,530.

22-carat and 24-carat gold price yesterday

The price of 10 grams of 22-carat gold on Monday was Rs 50,300, while the price of 10 grams of 24-carat gold was Rs 54,880.

Gold price today in major cities (10 grams)

  • Mumbai: Rs 49,990 (22-carat); Rs 54,530 (24-carat)
  • Kolkata: Rs 49,990 (22-carat); Rs 54,530 (24-carat)
  • Delhi: Rs 50,140 (22-carat); Rs 54,670 (24-carat)
  • Chennai: Rs 50,600 (22-carat); Rs 55,200 (24-carat)
  • Hyderabad: Rs 49,990 (22-carat); Rs 54,530 (24-carat)
Gold price today

International market

Gold bullian prices witnessed a sharp fall in Asian and London trade on Thursday as they hit multi-week lows 2.5% below Tuesday’s spike. This was the result of UK’s Bank of England and the European Central Bank both following the US Federal Reserve in raising their key interest rates by half-a-percentage point. According to bullionvault website, gold spot price today by GMT +05:30 was $1,799.43 per ounce.

Silver price today

Silver is selling at Rs 70,500 per kg, a drop of Rs 500, on Friday, December 16, 2022. In Delhi, Mumbai, and Kolkata, the price of 1 Kg silver is Rs 70,500, while the precious metal is trading at Rs 72,700 per kg in Chennai, Bengaluru, and Hyderabad.

Silver price yesterday

Silver was selling at Rs 71,000 per kg on Thursday, December 15, 2022 after the prices increased by Rs 2000.

ALSO READ: Gold Rush – Some useful tips to follow when buying gold this wedding season

Bindiya Bhatt
Bindiya Bhatt
Founder and Editor-in-Chief at The Vocal News, Bindiya Bhatt is a journalist with over 16 years of experience in the media industry. Having covered nearly all beats in her career, she is an Automobile and Tech enthusiast who loves writing about cars, bikes, gadgets and more. She has done her Masters in Journalism and Mass Communication from IMS Noida.

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