Market News
3 min read | Updated on November 21, 2024, 10:30 IST
SUMMARY
In Delhi markets, 24K gold prices rose by ₹1310 to ₹77,780 per 10 grams and 22K gold by ₹1200 to ₹71,310 per 10 grams. Silver prices spurted ₹2,700 per kg to 92,100 per kg in major Indian cities on Thursday in line with global prices of the white metal.
Gold and Silver Price Today (November 21): Gold prices rise ₹1,310 per 10gm on geopolitical tensions
Gold prices rallied ₹1,310 per 10 grams in major Indian cities on Thursday, November 21, following increased tensions between Russia and Ukraine. Ukraine fired around 12 British Storm Shadow cruise missiles into Russian targets after it was allowed to use Western weapons to strike deep inside Russia.
Spot gold was trading higher by 0.17% at $2,654 an ounce in early Asian trade. In overnight trade, the metal moved between $2,648 an ounce and $2,660 an ounce.
In Delhi markets, 24K gold prices rose by ₹1310 to ₹77,780 per 10 grams and 22K gold by ₹1200 to ₹71,310 per 10 grams. Gold markets were closed in Mumbai on Wednesday due to assembly polls.
City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
---|---|---|
Delhi | ₹71,310 | ₹77,780 |
Mumbai | ₹71,160 | ₹77,630 |
Chennai | ₹71,160 | ₹77,630 |
Kolkata | ₹71,160 | ₹77,630 |
Silver prices spurted ₹2,700 per kg to 92,100 per kg in major Indian cities on Thursday, in line with global prices of the white metal. Some demand from industrial units also supported the rally.
Spot Silver rose by 0.65% to $31.06 an ounce in global markets. The metal hit a high of $31.13 an ounce and a low of ₹30.48 an ounce in overnight trade.
City | Silver Price (per kg) |
---|---|
Delhi | ₹92,100 |
Mumbai | ₹92,100 |
Chennai | ₹100,900 |
Kolkata | ₹92,100 |
Gold prices have rallied this week on the back of increased tensions between Russia and Ukraine. Some demand during the ongoing wedding season also backed prices. Silver also rebounded on increased safe haven demand amid rising geopolitical worries.
Date | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver Price (per kg) |
---|---|---|---|
Nov 21 | ₹71,160 | ₹77,630 | ₹92,100 |
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 |
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