Gold and silver prices in India remained mostly stable on Wednesday, with only minor changes seen across major cities.
24-carat gold was priced at around ₹13,385 per gram in Mumbai, slipping by about ₹1 from the previous day. 22-carat gold stood at ₹12,269 per gram, while 18-carat gold was available at around ₹10,038 per gram. For bulk buyers, 10 grams of 24-carat gold cost approximately ₹1,33,850, and 100 grams was priced near ₹13,38,500.
Gold prices were largely similar in cities such as Mumbai, Kolkata, Bengaluru, Hyderabad and Pune. Chennai reported slightly higher rates, while Delhi prices were marginally above those in some other metros.
Silver prices also saw a small decline. Silver was priced at about ₹199 per gram, down nearly 10 paise from the previous session. The price of one kilogram of silver stood at around ₹1,99,000, a fall of roughly ₹100. In cities like Chennai and parts of Kerala, silver traded at slightly higher levels, close to ₹2,109 per 10 grams.
Market experts say gold and silver prices in India continue to be influenced by global bullion trends, movements in the rupee against the US dollar, and international economic cues. Small day-to-day fluctuations are common.
Buyers are advised to note that final jewellery prices may vary due to GST, making charges and local jeweller margins.
Also Read: Sensex slips 100 points, Nifty below 25,850