Gold and silver prices in India moved slightly higher in early trade on Thursday, December 18. The rise reflects steady demand and supportive global trends in the bullion market.
The price of 24-carat gold increased by ₹10, taking the rate to ₹1,34,520 per 10 grams in major cities such as Mumbai and Kolkata. In Delhi, 24-carat gold was quoted slightly higher at ₹1,34,670 per 10 grams. 22-carat gold also saw a marginal increase of ₹10 and was trading at around ₹1,23,310 per 10 grams in key markets.
Silver prices showed a stronger move compared to gold. The price of silver rose by ₹100, with one kilogram trading at ₹2,08,100 in Delhi, Mumbai and Kolkata. In Chennai, silver continued to trade at a premium compared to other cities.
Market participants said precious metal prices remain supported by global cues, including expectations around interest rates and ongoing geopolitical uncertainties. However, the day’s movement was limited, indicating cautious sentiment among investors.
As such, gold and silver continue to hold firm, with prices hovering near record levels despite small day-to-day fluctuations.
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