Gold prices have risen 1.7% compared to ten days back while Silver prices have increased 0.4% during the same time frame. The precious metals in the domestic market saw a price hike on the back of the weak rupee and a strong rally in the dollar.
“In the international market, Comex gold found strong support near $2,735, maintaining its upward momentum. The upcoming U.S. Federal Reserve policy decision and India’s Union Budget are critical events, keeping participants cautious and focused on potential developments,” said Jateen Trivedi, Vice President and Research Analyst of Commodity and Currency at LKP Securities.
Gold and silver rates today, January 29
The 24-carat gold rate in India was Rs 80,550 per 10 grams on January 29, a jump of Rs 670 from the rate of January 28. The rate for 24-carat gold per gram is Rs 8,055. While the rate of 22-carat gold was Rs 73,838 per 10 grams.
The price of 24-carat gold has risen 0.9% in the last seven days. Its price has hiked by 1.7% in the last ten days. However, there’s a change in the price of silver, it is available to Indian customers today at a price of Rs 91,160 per kilogram.
Gold rate in Mumbai on January 29
The Gold rate in Mumbai is Rs 80,550/10 grams today. On January 28, the gold was available for Rs 79,880/10 grams. A week back, on January 22, gold was sold for Rs 79,800/10 grams.
Silver rate in Mumbai on January 29
Silver rate in Mumbai was Rs 91,160/Kg on January 29, while it was priced at Rs 90,360/Kg and a week ago the price was Rs 92,090.
Gold rate in Delhi on January 29
On January 29, the gold rate in Delhi is Rs 80,410/10 grams. The gold was quoted at Rs 79,740/10 grams on January 28. The rate of 24-karat gold was Rs 79,660/10 grams a week ago.
Silver rate in Delhi on January 29
The silver rate in Delhi was Rs 91,000/Kg on January 29. The price of silver was Rs 90,210/Kg on January 28. A week ago, silver was traded for a price of Rs 91,930/Kg.
Gold rate in Kolkata on January 29
The gold rate in Kolkata was Rs 80,450/10 grams,
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