Market News
3 min read | Updated on November 19, 2024, 10:00 IST
SUMMARY
In Delhi markets, 24K gold prices rose by ₹680 to ₹76,470 per 10 grams and 22K gold by ₹620 to ₹70,110 per 10 grams. Silver pared gains to trade flat at ₹89,400 per kg in major Indian cities.
Silver pared gains to trade flat at ₹89,400 per kg in major Indian cities on Tuesday
Gold prices jumped by ₹620 per 10 grams in major Indian cities on Tuesday, November 19, following a flare-up in Russia-Ukraine tensions. Gold prices gained for the second day in global markets amid increased geopolitical worries after the US allowed Ukraine to use its long-range missiles to strike inside Russia.
Spot gold was trading higher by 0.32% at $2,620 an ounce in early Asian trade. The metal moved between $2,610 and $2,620 in overnight trade.
In Delhi markets, 24K gold prices rose by ₹680 to ₹76,470 per 10 grams and 22K gold by ₹620 to ₹70,110 per 10 grams.
City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
---|---|---|
Delhi | ₹70,110 | ₹76,470 |
Mumbai | ₹69,960 | ₹76,320 |
Chennai | ₹69,960 | ₹76,320 |
Kolkata | ₹69,960 | ₹76,320 |
Silver pared gains to trade flat at ₹89,400 per kg in major Indian cities on Tuesday due to weak demand from consuming industries. Firm global prices supported the metal in local markets. Silver prices advanced by ₹400 per kg in late trade on Monday.
Spot Silver rose by 0.46% to $31.31 an ounce in global markets. The metal hit a high of $31.32 an ounce and a low of ₹31.13 an ounce in overnight trade.
City | Silver Price (per kg) |
---|---|
Delhi | ₹89,400 |
Mumbai | ₹89,400 |
Chennai | ₹98,900 |
Kolkata | ₹89,400 |
Gold prices have rebounded after increased geopolitical worries. Some demand amid the ongoing wedding season is also supporting gold prices. Silver has traded in a range due to weak local demand despite firm global trends.
Date | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver Price (per kg) |
---|---|---|---|
Nov 19 | ₹69,960 | ₹76,320 | ₹89,400 |
Nov 18 | ₹69,340 | ₹75,640 | ₹89,400 |
Nov 15 | ₹69,340 | ₹75,640 | ₹89,400 |
Nov 14 | ₹70,440 | ₹76,840 | ₹90,900 |
Nov 13 | ₹70,840 | ₹77,280 | ₹90,900 |
Nov 12 | ₹72,190 | ₹78,750 | ₹92,900 |
Nov 11 | ₹72,740 | ₹79,350 | ₹93,900 |
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