GOLD, SILVER PRICES UP IN INDIA AFTER FED RATE CUT; CHECK CITY-WISE LATEST RATES TODAY
Gold and Silver Price Today, December 11: Gold and silver prices on Thursday morning rose marginally in India following the Federal Reserve’s 0.25 per cent interest rate cut. In Mumbai, the price of 24-carat gold stood at Rs 1,30,320 per 10 grams, while 22k gold was available at Rs 1,19,460 per 10 grams. These rates do not include GST and making charges.
Silver, on the other hand, was available at Rs 1,99,100 per kg in the spot market.
On MCX, gold futures, whose expiry is on February 05, 2026, was traded at Rs 1,30,381 per 10 gram, with a rise of 0.45 per cent. While silver futures expiring on March 05, 2026, was trading at Rs 1,92,944 per kg, with a jump of 2.23 per cent.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On December 9?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,19,610 | Rs 1,30,470 |
| Jaipur | Rs 1,19,610 | Rs 1,30,470 |
| Ahmedabad | Rs 1,19,510 | Rs 1,30,370 |
| Pune | Rs 1,19,510 | Rs 1,30,370 |
| Mumbai | Rs 1,19,460 | Rs 1,30,320 |
| Hyderabad | Rs 1,19,460 | Rs 1,30,320 |
| Chennai | Rs 1,19,460 | Rs 1,30,320 |
| Bengaluru | Rs 1,19,460 | Rs 1,30,430 |
| Kolkata | Rs 1,19,460 | Rs 1,30,320 |
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.