Gold and Silver Price Today (January 6): Gold slips, silver loses ₹100 in early trade

Gold prices slipped by ₹10 to ₹78,700 per 10 grams in major Indian cities in early trade on Monday due to weak demand from jewellers.

Gains in the metal in early Asian trade in global markets and a correction in the US dollar following US manufacturing PMI data supported gold while lukewarm demand restricted its gains.

The rupee falling to record low levels against the US dollar is also supporting the metal.

Spot gold rose by 0.08% at $2,641 an ounce in early Asian trade. The metal moved in a tight range of $2,638 an ounce to $2,647 an ounce in early trade.

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

Gold Price Today in India (January 6, 2024)

In Delhi markets, 24K gold prices slipped by ₹10 to ₹78,850 per 10 grams and 22K gold to ₹72,290 per 10 grams. The 24K Gold in Mumbai traded at ₹78,700 per 10 grams and 22K gold at ₹72,140 per 10 grams.

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

Gold Price Today in Major Cities:

Silver Price Today in India (January 6, 2025)

Silver prices retreated by ₹100 to ₹91,400 per kg in major Indian cities on Monday due to poor offtake by industrial units. The metal had gained ₹1,100 per kg in the previous session on Saturday in line with global trends and a weak rupee making imports costlier.

Spot silver was marginally down by 0.05% to $29.60 an ounce in early Asian trade. The metal moved between $29.58 an ounce and $29.75 an ounce in early trade.

Silver Price Today in Major Cities:

Comparison of Gold and Silver Prices This Week

Gold prices have gained more than 1% in the last week following safe haven demand and a weak rupee. Gold traded above $2,640 an ounce globally which supported the metal despite weak local demand.

Silver prices retreated last week as the metal moved in a tight range in global markets with investors looking for cues over Chinese stimulus plans.

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

All Mumbai Rates