Gold Rate Today, December 10: Gold prices rose sharply on Wednesday around Rs 870, ahead of the US Federal Reserve meeting outcome. In Mumbai, the price of 24-carat gold stood at Rs 1,30,310 per 10 grams,
while 22k gold was available at Rs 1,19,450 per 10 grams. These rates do not include GST and making charges.
Silver price saw a huge jump of Rs 9000 to Rs 1,99,000 per kg in the spot market, according to Goodreturns.
On MCX, gold futures, whose expiry is on February 05, 2026, was traded at Rs 1,30,249 per 10 gram, with a rise of 0.11 per cent. While silver futures expiring on March 05, 2026, was trading at Rs 1,90,146 per kg, with a jump of 0.11 per cent.
According to CME FedWatch data, markets are largely anticipating another rate cut in December. There is an 89.6% probability of rates being lowered to 3.50%–3.75%, reflecting a further 25 basis point cut. Meanwhile, 10.4% of market participants expect the Fed to hold rates steady at 3.75%–4.00%. Despite the strong expectations of easing, policymakers remain divided as they approach the final rate decision of 2025.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On December 10?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,19,600 | Rs 1,30,410 |
| Jaipur | Rs 1,19,600 | Rs 1,30,410 |
| Ahmedabad | Rs 1,19,500 | Rs 1,30,310 |
| Pune | Rs 1,19,500 | Rs 1,30,310 |
| Mumbai | Rs 1,19,450 | Rs 1,30,310 |
| Hyderabad | Rs 1,19,450 | Rs 1,30,310 |
| Chennai | Rs 1,19,450 | Rs 1,30,310 |
| Bengaluru | Rs 1,19,450 | Rs 1,30,310 |
| Kolkata | Rs 1,19,450 | Rs 1,30,310 |
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.
