In the early hours of Monday trading, the prices of both 24-carat gold and silver showed resilience, maintaining stability in major cities across India. The unaltered rates suggest a steady start to the week for precious metal enthusiasts.
As per the latest reports, the cost of ten grams of 24-carat gold in Mumbai remains at Rs 63,490, mirroring the prices in Kolkata and Hyderabad. The unchanging trend signifies a balanced market sentiment.
Similarly, the price of one kilogram of silver stands at Rs 79,000 in both Delhi and Mumbai, underlining consistency in the silver market. Meanwhile, in Chennai, silver is trading marginally higher at Rs 80,500 per kilogram.
For those inclined towards 22-carat gold, the prices echo the stability seen in the 24-carat category. In Mumbai, ten grams of 22-carat gold is priced at Rs 58,200, aligning with rates in Kolkata and Hyderabad.
In other major cities, the prices for ten grams of 22-carat gold are as follows:
- Delhi: Rs 58,350
- Bengaluru: Rs 58,200
- Chennai: Rs 58,750
Comparing the prices of ten grams of 24-carat gold, variations are observed across different cities:
- Delhi: Rs 63,640
- Bengaluru: Rs 63,490
- Chennai: Rs 64,090
The consistency in gold and silver prices during the early hours of Monday reflects the delicate balance in the precious metals market. Investors and enthusiasts alike will be closely monitoring market dynamics for potential shifts in the coming days.
As the week unfolds, these stable prices may prompt investors to assess market conditions and make informed decisions. It is advisable for individuals to stay updated on real-time price movements and market trends to navigate the precious metals landscape effectively.
