Gold prices in India climbed on Wednesday, tracking global gains amid expectations that the US Federal Reserve may cut interest rates next month.
In Mumbai, 24‑carat gold stood at ₹1,25,850 per 10 grams, while 22‑carat gold was priced at ₹1,15,360. In Delhi, prices were slightly higher at ₹1,25,980 (24K) and ₹1,15,510 (22K) per 10 grams.
Silver also gained momentum, trading at ₹1,60,100 per kilogram in the spot market. On the Multi Commodity Exchange (MCX), December gold futures rose 0.34% to ₹1,24,340 per 10 grams, while silver futures advanced 0.67% to ₹1,55,725 per kilogram.
Gold Prices Across Key Cities (per 10 grams)
| City | 22K Gold Price | 24K Gold Price |
|---|---|---|
| Delhi | ₹1,15,510 | ₹1,25,980 |
| Jaipur | ₹1,15,510 | ₹1,25,980 |
| Ahmedabad | ₹1,15,410 | ₹1,25,900 |
| Pune | ₹1,15,360 | ₹1,25,850 |
| Mumbai | ₹1,15,360 | ₹1,25,850 |
| Hyderabad | ₹1,15,360 | ₹1,25,850 |
| Chennai | ₹1,15,360 | ₹1,25,850 |
| Bengaluru | ₹1,15,360 | ₹1,25,850 |
| Kolkata | ₹1,15,360 | ₹1,25,850 |
Gold’s upward movement reflects investor optimism, with bullion continuing to serve as a safe‑haven asset amid global economic uncertainty.
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