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  1. Gold and Silver Price Today (December 6): Gold prices recover ₹130 as US Dollar eases

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Gold and Silver Price Today (December 6): Gold prices recover ₹130 as US Dollar eases

Upstox

3 min read | Updated on December 09, 2024, 09:40 IST

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SUMMARY

The 24K Gold in Mumbai rose to ₹77,900 per 10 grams, and 22K gold by ₹120 to ₹71,410 per 10 grams.

Gold & Silver (4) (1).webp

Gold and Silver Price Today (December 6): Gold prices recover ₹130 as US Dollar eases

Gold prices recovered by ₹130 per 10 grams in major Indian cities on Friday following a correction in the US dollar in the overnight trade.

A surge in local demand due to the wedding season also supported the metal.

Gold was still range bound in global markets as investors awaited US data which could influence the US Fed’s decision on rate cut in the second half of this month.

Spot gold edged up 0.17% to $2,636 an ounce in early Asian trade. The metal moved in a range from $2,613 an ounce to $2,637 an ounce in overnight trade.

Check the latest gold and silver prices across major cities today:

Gold Price Today in India (December 6, 2024)

In Delhi markets, 24K gold prices advanced by ₹130 to ₹78,050 per 10 grams and 22K gold by ₹120 to ₹71,560 per 10 grams. The 24K Gold in Mumbai rose to ₹77,900 per 10 grams and 22K gold by ₹120 to ₹71,410 per 10 grams.

Below is a detailed breakdown of gold prices across key cities:

Gold Price Today in Major Cities:

City22K Gold (per 10gm)24K Gold (per 10gm)
Delhi₹71,540₹78,050
Mumbai₹71,410₹77,900
Chennai₹71,410₹77,900
Kolkata₹71,410₹77,900

Silver Price Today in India (December 6, 2024)

Silver prices rebounded by ₹1,200 to ₹92,100 per kg in major Indian cities in early trade on Friday.

Demand from coin makers and industrial units supported the white metal in local markets.

Spot silver dropped 0.13% to $31.28 an ounce in global markets. The metal hit a high of $31.37 an ounce and a low of $30.90 an ounce in overnight trade.

Silver Price Today in Major Cities:

CitySilver Price (per kg)
Delhi₹92,100
Mumbai₹92,100
Chennai₹100,600
Kolkata₹92,100

Comparison of Gold and Silver Prices This Week

Gold snapped its two day fall on Friday as investors awaited RBI policy announcements in the local market. Some demand from coin makers amid the wedding season also supported silver prices. Silver had traded flat this week amid mixed trends.

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

Date22K Gold (per 10g)24K Gold (per 10g)Silver Price (per kg)
Dec 6₹71,410₹77,900₹92,100
Dec 5₹71,290₹77,770₹90,900
Dec 4₹71,310₹77,790₹90,900
Dec 3₹70,890₹77,340₹90,900
Dec 2₹71,490₹77,990₹91,400
Nov 30₹71,500₹78,000₹91,500

All Mumbai Rates

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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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