Gold Inches Up, Silver Shines: Here's What You're Paying Today Across Cities

New Delhi: Gold prices stayed firm on Friday as markets opened to steady demand and cautious buying. Silver, after recent swings, also held its ground.

How high are gold and silver rates today?

Gold prices climbed again on Friday, keeping buyers and investors on alert. In most major cities, the cost of 24-carat gold (also referred to as 999 pure gold) hovered around Rs 13,485 per gram, while 22-carat gold (which contains 91.67 percent pure gold, commonly used in jewellery) was priced at Rs 12,361 per gram on December 19.

Silver also maintained strong levels at just over Rs 2,11,000 per kg in Delhi and the rate of Silver 925 (also known as Silver sterling) is at Rs 2,10,900 per kg.

Where are the rates strongest?

In the national capital, the gold was priced around Rs 13,500 per gram and Mumbai, Kolkata and Chennai reported similar levels, with minor variations due to local taxes and making charges.

• In Delhi, the current price of 24-carat gold is Rs 13,500 per gram and 22-carat gold is Rs 12,376 per gram.
• In Mumbai, the current price of 24-carat gold is Rs 13,485 per gram and 22-carat gold is Rs 12,361 per gram.
• In Kolkata, the current price of 24-carat gold is Rs 13,458 per gram and 22-carat gold is Rs 12,361 per gram.
• In Chennai, the current price of 24-carat gold is Rs 13,572 per gram and 22-carat gold is Rs 12,441 per gram.

Silver prices remained high on Friday. In the national capital, silver was trading at around Rs 76,000 per kilogram. Mumbai and Kolkata followed the same trend, while Chennai saw slightly higher rates, reflecting stronger local demand.

• Price of silver in Delhi is Rs 2111 per 10 grams.
• Price of silver in Mumbai is Rs 2111 per 10 grams.
• Price of silver in Kolkata is Rs 2111 per 10 grams.
• Price of silver in Chennai is Rs 2241 per 10 grams.

Prices in other cities typically tracked these levels, with small variations due to local taxes and demand.

Why are prices moving?

Analysts point to steady demand from jewelers and investors as one factor behind gold’s recent strength. Global economic uncertainty often pushes investors toward safe-haven assets like gold and silver, which can keep prices at elevated levels.

Local bullion dealers note that festival and wedding demand in parts of India continues to support these metals, even as some buyers delay purchases hoping for dips.