Gold prices have risen 0.3% compared to a week back while Silver prices have fallen 1.9% during the same time frame. The precious metals saw lower trading volumes on the back of global markets entering the New Year Celebrations.
“Gold traded flat, remaining within the range of Rs 76,400–Rs 76,750 in MCX. With global markets entering the holiday period for New Year celebrations, trading volumes were thin, and market activity was subdued. In MCX, gold has immediate support near ₹76,000, while resistance is seen around ₹77,000. The sideways movement is likely to persist in the short term due to the limited participation during the festive season,” said Jateen Trivedi, Vice President and Research Analyst of Commodity and Currency at LKP Securities.
Gold and silver rates today, December 31
The 24-carat gold rate in India was Rs 76,340 per 10 grams on December 31. The rate for 24-carat gold per gram is Rs 7,634. While the rate of 22-carat gold was Rs 69,978 per 10 grams.
The price of 24-carat gold has fallen 0.3% in the last seven days. It has slipped by 0.13% in the last ten days. The silver is available to Indian customers today at a price of Rs 87,460 per kilogram.
Gold rate in Mumbai on December 31
The Gold rate in Mumbai is Rs 76,340/10 grams today. On December 30, the gold was available for Rs 76,600/10 grams. A week back, on December 24, gold was sold for Rs 76,280/10 grams.
Silver rate in Mumbai on December 31
Silver rate in Mumbai was Rs 87,460/Kg on December 31, while it was priced at Rs 88,760/Kg and a week ago the price was Rs 89,200.
Gold rate in Delhi on December 31
On December 31, the gold rate in Delhi is Rs 76,210/10 grams. The gold was quoted at Rs 76,470/10 grams on December 30. The rate of 24-karat gold was Rs 76,150/10 grams a week ago.
Silver rate in Delhi on December 31
The silver rate in Delhi was Rs 87,310/Kg on December 31. The price of silver was Rs 88,610/Kg on December 30. A week ago, silver was traded for a price of Rs 89,050/Kg.
Gold rate in Kolkata on December 31
The gold rate in Kolkata was Rs 76,240/10 grams,
» Read More