Gold prices have risen 0.6% compared to a week back while Silver prices rose 0.1% during the same time frame. The prices of precious metals will likely be impacted on the back of turbulent times for the Indian rupee and a rise in 10-year US yields.
“Volatile Indian rupee and the US yields are likely to have a major impact on gold prices in INR terms. Still, overall, gold is expected to trade with a positive bias into the year-end on positive ETF flows, subdued US data and central bank buying. Nonetheless, considering the volatile US yields, tight stop-loss is a must,” said Praveen Singh, Associate Vice President of Fundamental Currencies and Commodities at Mirae Asset Sharekhan.
Gold and silver rates today, December 30
The 24-carat gold rate in India was Rs 76,600 per 10 grams on December 30. The rate for 24-carat gold per gram is Rs 7,660. While the rate of 22-carat gold was Rs 70,217 per 10 grams.
The price of 24-carat gold has fallen 0.6% in the last seven days. It has slipped by 0.2% in the last ten days. The silver is available to Indian customers today at a price of Rs 88,760 per kilogram.
Gold rate in Mumbai on December 30
The Gold rate in Mumbai is Rs 76,600/10 grams today. On December 29, the gold was available for Rs 76,590/10 grams. A week back, on December 23, gold was sold for Rs 76,130/10 grams.
Silver rate in Mumbai on December 30
Silver rate in Mumbai was Rs 88,760/Kg on December 30, while it was priced at Rs 88,750/Kg and a week ago the price was Rs 88,910.
Gold rate in Delhi on December 30
On December 30, the gold rate in Delhi is Rs 76,470/10 grams. The gold was quoted at Rs 76,460/10 grams on December 29. The rate of 24-karat gold was Rs 76,000/10 grams a week ago.
Silver rate in Delhi on December 30
The silver rate in Delhi was Rs 88,610/Kg on December 30. The price of silver was Rs 88,590/Kg on December 29. A week ago, silver was traded for a price of Rs 88,760/Kg.
Gold rate in Kolkata on December 30
The gold rate in Kolkata was Rs 76,500/10 grams,
» Read More
