Gold and silver prices in India showed little change on Friday, December 19, offering relief to buyers after recent volatility in the bullion market. Rates remained largely stable across major cities, reflecting a cautious global outlook and steady demand in the domestic market.
As per the latest data, 24-carat gold was priced at around ₹13,485 per gram, while 22-carat gold stood at approximately ₹12,361 per gram. For jewellery buyers, 18-carat gold was available at nearly ₹10,114 per gram. These prices were broadly unchanged compared to the previous trading session, indicating a pause in sharp price movements seen earlier this month.
City-wise trends showed only marginal differences. In Chennai, gold prices were slightly higher, with 24-carat gold trading near ₹13,572 per gram and 22-carat gold at about ₹12,441 per gram. In cities such as Delhi, Mumbai, Kolkata, Bengaluru, Hyderabad and across Kerala, rates remained close to the national average, reflecting uniform pricing in most urban markets.
Silver prices also held firm on Friday. The precious metal was trading at around ₹211.10 per gram, or approximately ₹2,11,100 per kilogram, in major Indian cities. In Hyderabad and Chennai, silver was quoted slightly higher due to local premiums, while Delhi and Mumbai reported prices close to the national benchmark.
Market experts say gold prices are currently supported by global uncertainty, expectations around interest rate movements, and central bank buying. At the same time, a stable rupee has helped limit sharp increases in domestic prices. Silver prices, meanwhile, continue to be influenced by industrial demand and global market trends, in addition to currency fluctuations.
Traders note that even small movements in international bullion prices or changes in the dollar-rupee exchange rate can impact local prices, as India relies heavily on imports to meet gold and silver demand.
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