Gold and silver prices in India posted marginal gains on Thursday, reflecting cautious buying interest amid mixed signals from global markets. According to market data, gold prices increased by ₹10 per 10 grams, while silver prices rose by ₹100 per kilogram in early trade.
In the domestic bullion market, 24-carat gold was priced at ₹1,56,610 per 10 grams. The yellow metal traded at the same level in major cities such as Mumbai and Kolkata. In Delhi, gold was slightly higher at ₹1,56,760 per 10 grams, while Chennai saw prices at ₹1,57,270. The small uptick indicates a stable trend, with prices holding near record-high levels seen in recent weeks.
Prices of 22-carat gold also moved up marginally. The metal was quoted at ₹1,43,560 per 10 grams in Mumbai, Kolkata, Bengaluru and Hyderabad. In Delhi, the 22-carat gold rate stood at ₹1,43,710, while Chennai recorded a slightly higher price of ₹1,44,160 per 10 grams. Jewellers noted that retail demand remains selective, as elevated prices have kept many buyers cautious.
Silver prices, meanwhile, continued to stay firm. The white metal was trading at ₹3,30,100 per kilogram in Delhi, Mumbai and Kolkata, marking a ₹100 increase from the previous session. Chennai continued to quote silver at a premium, with prices at ₹3,45,100 per kilogram, reflecting higher local demand and logistics costs.
Market experts said domestic bullion prices are being influenced by a combination of international trends, currency movements and investor sentiment. Globally, gold and silver prices have shown some softness due to a stronger US dollar and reduced immediate geopolitical concerns. However, ongoing economic uncertainty and expectations around interest rate decisions have helped limit sharp declines.
Silver, in particular, has seen strong interest in recent months, supported by both investment demand and its growing use in industrial applications such as electronics and renewable energy. Gold, traditionally seen as a safe-haven asset, continues to attract investors looking to hedge against inflation and market volatility.