Gold and silver prices in India saw slight movements on December 25, 2024. The price of gold showed a modest decline, while silver remained stable. Here’s a breakdown of today’s precious metal prices and their fluctuations in major cities across the country.
Gold Prices Experience Minor Dip Across India
The cost of 24-carat gold in India today is ₹77,513 for 10 grams, reflecting a decrease of ₹100 per gram compared to the previous day. This translates to ₹7,751.3 per gram for 24-carat gold, which is ₹100 less than the earlier price. For 22-carat gold, the price is ₹7,106.3 per gram, also seeing a ₹100 drop.
While gold’s price fluctuates, it has seen a slight change of 0.5% over the past week. Over the past month, there has been a modest rise of 1.42%.
India’s gold market is quite volatile, with prices adjusting based on various factors like international trends, inflation rates, and demand in local markets.
- Price of 24-carat gold (10 grams): ₹77,513.0 in Delhi
- Price of 22-carat gold (10 grams): ₹71,063.0 in Delhi
- Weekly fluctuation: -0.5%
- Monthly change: +1.42%
Today’s gold rates, though modestly lower, continue to be important for investors and those looking to purchase jewelry, especially during festive seasons.
Silver Prices Remain Stable Across the Country
Silver prices in India remain unchanged as of December 25, 2024. The price of silver in Delhi is ₹94,400 per kilogram, reflecting no movement from yesterday’s rate.
Silver, known for its industrial and jewelry demand, often exhibits a more stable pricing pattern compared to gold, though it still reacts to shifts in global economic conditions. It’s important to note that while the price of silver in India has seen fluctuations over the past month, today’s price has held steady.
- Price of silver (per kg): ₹94,400.0 in Delhi
- Price fluctuation: No change from yesterday
Gold and Silver Rates in Major South Indian Cities
The gold price trend in southern cities mirrors that of the national trend, with small dips in some cities.
Chennai
- Gold Rate: ₹77,361.0/10 grams
- Silver Price: ₹1,01,500.0/kg
Chennai’s gold price dropped by ₹100 compared to yesterday’s rate. Silver also saw a slight decline, priced at ₹1,01,500 per kilogram.
Bangalore
- Gold Rate: ₹77,355.0/10 grams
- Silver Price: ₹93,400.0/kg
In Bangalore, both gold and silver prices dipped by ₹100 from the previous day. The city’s silver price now stands at ₹93,400 per kilogram.
Hyderabad
- Gold Rate: ₹77,369.0/10 grams
- Silver Price: ₹94,500.0/kg
Hyderabad followed similar trends with a ₹100 drop in gold prices. Silver here saw no major change.
Visakhapatnam
- Gold Rate: ₹77,377.0/10 grams
- Silver Price: ₹1,01,500.0/kg
Visakhapatnam, too, observed a slight dip in gold pricing, continuing the pattern seen across the South.
Vijayawada
- Gold Rate: ₹77,375.0/10 grams
- Silver Price: ₹93,600.0/kg
Gold in Vijayawada saw a drop of ₹100, aligning with the general trend observed across other cities.
Weekly and Monthly Gold and Silver Price Trends in South Indian Cities
Gold prices have been experiencing a steady decline across the past week. This has been reflected in the prices across all major cities in South India, where gold rates have been adjusted downward by ₹100 per day. While silver remains largely unaffected, the trends for the past week indicate:
| City | Gold Rate (10 grams) | Silver Price (kg) |
|---|---|---|
| Chennai | ₹77,361.0 | ₹1,01,500.0 |
| Bangalore | ₹77,355.0 | ₹93,400.0 |
| Hyderabad | ₹77,369.0 | ₹94,500.0 |
| Visakhapatnam | ₹77,377.0 | ₹1,01,500.0 |
| Vijayawada | ₹77,375.0 | ₹93,600.0 |
While the prices show slight changes day-to-day, the general trend indicates that the gold market is experiencing some fluctuation, which can be attributed to global economic conditions.
Gold remains a safe haven for investors, with steady increases month over month. Silver’s stability is also an attractive point for those looking for less volatility in their investments.
