Gold and silver price today: Check 22 and 24-carat gold rates in Delhi, Mumbai, Chennai, Kolkata

Gold prices recovered by ₹180 per 10 grams in early trade on Tuesday, December 31, as a correction in the US bond yields in global markets revived investors’ interest in the non-yielding assets.

Gold is trading at ₹78,010 per 10 grams in major Indian cities in early trade.

Increased geopolitical tensions after Israel warned the Yemen-based Houthis militant group of a ‘miserable’ fate as Hamas bolstered the precious metal.

Spot gold was trading firm by 0.05% at $2,607 an ounce in early Asian trade. The metal hit a low of $2,603 an ounce in overnight trade.

Gold Price Today in India (December 31, 2024)

In Delhi markets, 24K gold prices rebounded by ₹180 to ₹78,160 per 10 grams and 22K gold at ₹71,660 per 10 grams. The 24K gold in Mumbai rose to ₹78,010 per 10 grams and 22K gold by ₹170 to ₹71,510 per 10 grams.

Gold Price Today in Major Cities:

Silver Price Today in India (December 31, 2024)

Silver prices dropped for the second day on Tuesday due to weak demand from industrial players in early trade. The white metal is trading lower by ₹100 at ₹92,400 per kg in major Indian cities.

Spot silver dropped by 0.31% to $28.87 an ounce in early Asian trade. The metal moved between $29.02 an ounce and $28.86 an ounce in overnight trade.

Silver Price Today in Major Cities:

Comparison of Gold and Silver Prices This Week

Gold prices recovered on Tuesday following firm global trends and a correction in US bond yields. The precious metal is expected to settle in 2024, with gains largely driven by safe-haven demand and central bank purchases.

Silver, on the other hand, traded lower due to weak global trends and poor offtake by local industries.

Here’s a comparison of gold and silver prices from earlier this week: