New Delhi, May 23 – Gold prices edged higher across major bullion markets in India on Thursday, reflecting continued investor confidence and festive demand. However, silver prices recorded a slight dip. According to traders, 24-carat gold is trading between ₹97,530 and ₹97,680 per 10 grams in key cities, while 22-carat gold is priced between ₹89,400 and ₹89,550 per 10 grams.
In contrast, silver prices softened by ₹100 in Delhi, with the white metal now priced at ₹1,00,000 per kilogram.
City-Wise Gold Rate Snapshot
In Delhi, 24-carat gold reached ₹97,680 per 10 grams, while 22-carat gold stood at ₹89,550. Similarly, Mumbai, the country’s financial capital, saw 24-carat gold priced at ₹97,530 and 22-carat gold at ₹89,400 per 10 grams.
Ahmedabad also saw gold trading at ₹97,580 for 24 carats and ₹89,450 for 22 carats. In Chennai and Kolkata, prices remained consistent at ₹97,530 and ₹89,400 for 24- and 22-carat gold respectively.
Lucknow and Jaipur reported slightly higher prices with 24-carat gold at ₹97,680 and 22-carat at ₹89,550 per 10 grams. In Patna, 24-carat gold was trading at ₹97,580, while 22-carat gold fetched ₹89,450 per 10 grams.
Southern Markets Remain Firm
Gold prices in Bengaluru, Hyderabad, and Bhubaneswar also reflected a minor uptick, with 24-carat gold priced at ₹97,530 and 22-carat gold at ₹89,400 per 10 grams. Despite limited price movement, industry insiders say the sentiment remains positive ahead of seasonal and wedding-related buying.
Silver Dips Slightly
Meanwhile, silver slipped marginally, down by ₹100 in the Delhi bullion market, now trading at ₹1,00,000 per kilogram. Analysts attribute the drop to slight corrections in global cues and limited industrial demand.
Market Outlook
Gold continues to shine as a safe-haven asset amid fluctuating global economic signals. While the yellow metal’s trajectory remains firm due to ongoing geopolitical tensions and inflationary concerns, silver is
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
Gold Prices Rise in India Amid Festive Sentiment; Silver Slips Marginally
