Gold Price Surges Today

• Gold and silver prices surged today amid US-Venezuela geopolitical tensions.
• Gold futures rose 0.24% to ₹1,38,450; silver surged 1.34% to ₹2,49,444.
• Global gold jumped to over $4,465 per ounce; silver crossed $78 per ounce.

Gold and Silver Rates Today, January 06: Continuing their upward momentum amid an intensifying geopolitical crisis after the US government captured Venezuelan President Nicolas Maduro and his wife from

their home turf, gold and silver prices jumped on Tuesday morning, January 6, on the MCX (Multi-Commodity Exchange).

Gold futures with an expiry in February gained 0.24 per cent to Rs 1,38,450 per 10 grams, while silver futures with an expiry in March sharply jumped 1.34 per cent to Rs 2,49,444 per kg.

In the international spot market, silver and gold witnessed a sharp rally up to 8.50 per cent in the morning hours. Silver crossed $78 per ounce mark after gaining almost 8.17 per cent. Gold gained 3 per cent to trade above $4,465 per ounce.

In Mumbai, the price of 24-carat gold stood at Rs 1,38,380 per 10 grams, while 22k gold was available at Rs 1,26,860 per 10 grams. These rates do not include GST and making charges.

Silver was available at Rs 2,48,100 per kg in the spot market.

What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On January 06?

City	22K Gold (per 10gm)	24K Gold (per 10gm)
Delhi	Rs 1,26,760	Rs 1,38,380
Jaipur	Rs 1,26,760	Rs 1,38,380
Ahmedabad	Rs 1,26,860	Rs 1,38,280
Pune	Rs 1,26,860	Rs 1,38,280
Mumbai	Rs 1,26,860	Rs 1,38,380
Hyderabad	Rs 1,26,860	Rs 1,38,380
Chennai	Rs 1,26,860	Rs 1,38,380
Bengaluru	Rs 1,26,860	Rs 1,38,380
Kolkata	Rs 1,26,860	Rs 1,38,380

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.