Gold and silver bullion prices haven’t changed compared to November 28 as it finds fresh support from fresh geopolitical tensions in Ukraine and Russia.
“Gold prices exhibited significant volatility, starting on a weaker note but quickly finding support amid renewed geopolitical tensions between Russia and Ukraine, which continue to bolster safe-haven buying. Immediate support is at $2,625, while resistance lies at $2,655–2,665. A decisive fall below $2,620 could drive prices toward $2,580, while a breakout above $2,665 could trigger a sharp rally toward $2,690. Dollar index movements and geopolitical updates will likely keep gold’s momentum uncertain in the short term,” said Jateen Trivedi, Vice President and Research Analyst of Commodity and Currency at LKP Securities.
Gold and silver rates today, November 29
The 24-carat gold rate in India was quoted for a price of Rs 76,000 per 10 grams on November 29. The rate for 24-carat gold per gram is Rs 7,600. While the rate of 22-carat gold was Rs 69,667 per 10 grams.
The price of 24-carat gold has fallen by 2.5% in the last week. However, it has risen by 0.2% in the last ten days. The silver is available to Indian customers today at a price of Rs 88,360 per kilogram.
Gold rate in Mumbai on November 29
Today, the 24-carat Gold is priced at Rs 76,000/10 grams. On November 28, the gold was available for Rs 76,000/10 grams. A week back, on November 22, gold was sold for Rs 77,910/10 grams.
Silver rate in Mumbai on November 29
Silver was sold for a price of Rs 88,360/Kg on November 29 in Mumbai, an increase of Rs 420 from November 28, when it was priced at Rs 87,940/Kg and a week ago the price was Rs 91,050.
Gold rate in Delhi on November 29
On November 29, the gold was selling for Rs 75,870/10 grams. The gold was quoted at Rs 75,870/10 grams on November 28. While the price of the 24K gold was Rs 77,780/10 grams a week ago.
Silver rate in Delhi on November 29
In Delhi, the silver was priced at Rs 88,210/Kg on November 29. The price of silver was Rs 87,770/Kg on November 28. A week ago, the silver was trading for a price of Rs 90,900/Kg.
Gold rate in Kolkata on November 29
The 24-carat gold was trading for a price of Rs 75,900/10 grams,
» Read More
