Gold and silver prices rebounded in the domestic market following the previous session’s decline, supported by global demand and investor preference for safe-haven assets. Price movements in international markets, along with fluctuations in the rupee, contributed to the uptick in local rates.
At 10:12 am, the price of 24-carat gold was recorded at Rs 1,41,032 per 10 grams, marking an increase of Rs 1,539 per 10 grams. During the session, gold touched a low of Rs 1,40,287 per 10 grams and a high of Rs 1,41,349 per 10 grams.
Market participants indicated that rising global demand and continued allocation towards gold as a safe asset amid market uncertainty have supported prices.
Silver prices also recorded gains in early trade. At 10:15 am, silver rose by Rs 4,927 per kilogram to reach Rs 2,24,801 per kilogram. During the session, silver touched a low of Rs 2,23,515 per kilogram and a high of Rs 2,25,097 per kilogram.
According to market participants, sustained global demand and investor allocation towards safe-haven assets have kept silver prices above Rs 2,00,000 per kilogram.
Prices varied across cities. In Patna, gold was priced at Rs 1,41,950 per 10 grams and silver at Rs 2,25,770 per kilogram, making it the lowest among the cited locations.
In contrast, Bhopal and Indore recorded the highest prices, with gold at Rs 1,42,170 per 10 grams and silver at Rs 2,26,130 per kilogram. Jaipur, Kanpur, Lucknow, and Chandigarh also reported marginal increases in gold and silver prices.
City-level price variations were observed, reflecting differences in local market conditions.
