There is continuous movement in the future prices of gold and silver. At 10:58 am in the Multi Commodity Exchange (MCX), the futures price of gold for the February delivery contract reached Rs 1,34,801 per 10 grams with a rise of 0.88 percent compared to the previous session. Similarly, the price of silver for March delivery contract was up by 1.46 per cent at Rs 1,95,659 per kg. The upward trend in both the precious metals continues.
spot price of gold in metros
- According to the news of goodreturns, today the gold price in Delhi is ₹ 13,488 per gram for 24 carat gold, ₹ 12,365 per gram for 22 carat gold and ₹ 10,120 per gram for 18 carat gold.
- Today in Mumbai, the price of 24 carat gold is ₹13,473 per gram, the price of 22 carat gold is ₹12,350 per gram and the price of 18 carat gold is ₹10,105 per gram.
- On Monday, the price of 24 carat gold in Kolkata is ₹13,473 per gram, the price of 22 carat gold is ₹12,350 per gram and the price of 18 carat gold is ₹10,105 per gram.
- Today gold price in Chennai is ₹13,593 per gram for 24 carat gold, ₹12,460 per gram for 22 carat gold and ₹10,400 per gram for 18 carat gold.
- The gold price in Bengaluru is ₹13,473 per gram for 24 carat gold, ₹12,350 per gram for 22 carat gold and ₹10,105 per gram for 18 carat gold.
Gold price in global market
According to tradingeconomics, gold prices rose to about $4,320 an ounce on Monday, very close to its all-time high. Investors are keeping an eye on key economic data coming from the US this week, which will provide further clarity on the further direction of the Federal Reserve’s interest rates. In particular, on Tuesday (December 16), the jobs report for the month of November and inflation data are expected to be released later, which will play an important role in determining the direction of the market. Last week, the Federal Reserve cut interest rates by 25 basis points for the third time this year, but the decision was not unanimous, with three policymakers opposing it. Also, there were differences of opinion among policy makers regarding the possibility of further rate cuts in 2026. Amidst economic uncertainties and geopolitical tensions, gold remains a safe investment option, due to which its demand and prices are continuously rising.
Latest Business News