Gold and silver prices in India stayed steady, supported by global uncertainties and demand for safe investments.
In domestic markets, 24‑carat gold traded near ₹1,60,000 per 10 grams, while silver hovered around ₹2.85 lakh per kilogram. These levels are similar to the previous session, showing that prices are holding rather than falling sharply.
On the Multicommodity Exchange (MCX), gold futures were around ₹1,57,900 per 10 grams, up slightly by 0.2%, and silver futures were near ₹2,59,700 per kilogram. Internationally, spot gold remained above $5,200 an ounce and silver around $90 an ounce, keeping domestic prices supported.
City-wise, 24‑carat gold was quoted at about ₹1,60,460–₹1,60,690 per 10 grams in major cities like Chennai, Mumbai, Delhi, Kolkata, and Bangalore. Silver prices ranged between ₹2,65,930 and ₹2,66,320 per kilogram depending on the city and dealer.
Experts say that safe-haven demand is keeping prices stable. Investors often buy gold and silver during uncertain times, such as global political tensions or weak stock markets. At the same time, some short-term traders are booking profits, which keeps prices from rising sharply.
While local prices can vary slightly because of taxes, making charges, and dealer margins, the overall trend is steady. Gold and silver remain attractive for people who want a safe investment or to protect their savings from market ups and downs.
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