Gold prices have risen 0.8% compared to a week back while Silver prices have fallen 0.3% during the same time frame. The precious metals saw a price hike as the local currency, the rupee, depreciated to a new all-time low along with a surge in crude oil prices.
The “rupee depreciation supported gold prices in the domestic market, amplifying the impact of global cues. Gold faces resistance at Rs 79,000, while immediate support lies at Rs 77,750. Positive sentiment persists amid ongoing uncertainty in global markets, keeping gold in focus for safe-haven demand,” said Jateen Trivedi, Vice President and Research Analyst of Commodity and Currency at LKP Securities.
Gold and silver rates today, January 14
The 24-carat gold rate in India was Rs 78,310 per 10 grams on January 14. The rate for 24-carat gold per gram is Rs 7,831. While the rate of 22-carat gold was Rs 71,784 per 10 grams.
The price of 24-carat gold has risen 0.8% in the last seven days. Its price has hiked by 0.13% in the last ten days. The silver is available to Indian customers today at a price of Rs 90,450 per kilogram.
Gold rate in Mumbai on January 14
The Gold rate in Mumbai is Rs 78,310/10 grams today. On January 13, the gold was available for Rs 78,560/10 grams. A week back, on January 07, gold was sold for Rs 77,660/10 grams.
Silver rate in Mumbai on January 14
Silver rate in Mumbai was Rs 90,450/Kg on January 14, while it was priced at Rs 92,440/Kg and a week ago the price was Rs 90,790.
Gold rate in Delhi on January 14
On January 14, the gold rate in Delhi is Rs 78,180/10 grams. The gold was quoted at Rs 78,420/10 grams on January 13. The rate of 24-karat gold was Rs 77,530/10 grams a week ago.
Silver rate in Delhi on January 14
The silver rate in Delhi was Rs 90,300/Kg on January 14. The price of silver was Rs 92,280/Kg on January 13. A week ago, silver was traded for a price of Rs 90,640/Kg.
Gold rate in Kolkata on January 14
The gold rate in Kolkata was Rs 78,180/10 grams, today, January 14. The glittering metal was selling for Rs 78,420/10 grams yesterday and was quoting for Rs 77,530/10 grams last week.
» Read More