Gold and Silver Rates Today, December 25: Gold price rose on Thursday morning by around Rs 320. In Mumbai, the price of 24-carat gold at spot stood at Rs 1,39,400 per 10 grams, while 22k gold was available at Rs 1,27,800 per 10 grams. These rates do not include GST and making charges.
On the other hand, silver jumped Rs 1000 to touch at Rs 2,34,000 per kg in the spot market.
Silver is soaring higher prices than yesterday indicating strength in investment and industrial segments. Having strong backing in renewable energy and a tight supply position, silver is maintaining its consistency from the past few weeks, according to Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On December 23?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,27,950 | Rs 1,39,550 |
| Jaipur | Rs 1,27,950 | Rs 1,39,550 |
| Ahmedabad | Rs 1,27,850 | Rs 1,39,450 |
| Pune | Rs 1,27,850 | Rs 1,39,450 |
| Mumbai | Rs 1,27,800 | Rs 1,39,400 |
| Hyderabad | Rs 1,27,800 | Rs 1,39,400 |
| Chennai | Rs 1,27,800 | Rs 1,39,400 |
| Bengaluru | Rs 1,27,800 | Rs 1,39,400 |
| Kolkata | Rs 1,27,800 | Rs 1,39,400 |
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
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