Gold and silver prices rose for the sixth straight session on the back of escalating tensions in Ukraine-Russia, which have boosted safe-haven demand for precious metals. The rise in gold prices can bring some relief to traders after falling continuously last week.
“Friday’s US economic news was supportive for bullion after the University of Michigan U.S. November consumer sentiment index unexpectedly declined. However, the Dollar Index rallied on Friday after the US November S&P manufacturing and service PMIs improved and capped upside in bullion. International gold and silver prices have started weaker this early Monday morning in Asian trading despite easing Dollar and bond yields this early Monday morning,” said Sriram Iyer, Senior Research Analyst at Reliance Securities.
Gold and silver rates today, November 13
The 24-carat gold rate in India was quoted for a price of Rs 77,920 per 10 grams on November 25. The rate for 24-carat gold per gram is Rs 7,792. While the rate of 22-carat gold was Rs 71,427 per 10 grams.
The price of 24-carat gold has fallen by 3.6% in the last week and 4.9% in the last ten days. The silver is available to Indian customers today at a price of Rs 91,070 per kilogram.
Gold rate in Mumbai on November 25
Today, the 24-carat Gold is priced at Rs 77,920/10 grams. On November 24, the gold was available for Rs 77,910/10 grams. A week back, on November 18, gold was sold for Rs 75,210/10 grams.
Silver rate in Mumbai on November 25
Silver was sold for a price of Rs 91,070/Kg on November 25 in Mumbai, up Rs 20 from November 24, when it was priced at Rs 91,050/Kg and a week ago the price was Rs 90,710, up Rs 1,600.
Gold rate in Kolkata on November 25
The 24-carat gold was trading for a price of Rs 77,810/10 grams, today, November 25. The glittering metal was selling for Rs 77,810/10 grams yesterday and was quoting for Rs 75,110/10 grams last week.
Silver rate in Kolkata on November 25
Today, the silver in Kolkata was selling for a price of Rs 90,950/Kg. The price of silver was Rs 90,930/Kg on November 24. Last week on November 18, the metal was trading at Rs 89,510/Kg.
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