Market News
3 min read | Updated on November 25, 2024, 10:42 IST
SUMMARY
In Delhi markets, 24K gold prices slipped by ₹10 to ₹79,780 per 10 grams and 22K gold by ₹10 to ₹73,140 per 10 grams. Silver prices slipped by ₹100 to ₹91,900 per kg in major Indian cities on Monday following its losses in global markets.
Gold and Silver Price Today (November 25): Gold trades firm amid softer dollar, geopolitical tensions
Gold prices slipped by ₹10 per gram in major Indian cities in early trade on Monday, November 25, amid a softer dollar and geopolitical worries. Gold had jumped ₹820 per 10 grams to trade near ₹80,000 per 10 grams level on Saturday after its prices firmed up in global markets on the safe-haven demand.
However, losses in the precious in early Asian trade capped gold’s gains even as the US dollar softened against leading world currencies.
Spot gold was trading lower by 1.49% at $2,672 an ounce in early Asian trade. In overnight trade, the metal moved between $2,659 an ounce and $2,721 an ounce.
In Delhi markets, 24K gold prices slipped by ₹10 to ₹79,780 per 10 grams and 22K gold by ₹10 to ₹73,140 per 10 grams.
City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
---|---|---|
Delhi | ₹73,140 | ₹79,780 |
Mumbai | ₹72,990 | ₹79,630 |
Chennai | ₹72,990 | ₹79,630 |
Kolkata | ₹72,990 | ₹79,630 |
Silver prices slipped by ₹100 to ₹91,900 per kg in major Indian cities on Monday following its losses in global markets. Silver dropped more than 1% in global markets in weak industrial demand.
The spot silver declined by 1.44% to $30.85 an ounce in global markets. The metal hit a high of $31.47 an ounce and a low of $30.70 an ounce in overnight trade.
City | Silver Price (per kg) |
---|---|
Delhi | ₹91,900 |
Mumbai | ₹91,900 |
Chennai | ₹101,000 |
Kolkata | ₹91,900 |
Gold snapped its five-day gaining streak on Monday despite a softer US dollar. Concerns related to the Russia-Ukraine war had bolstered its prices last week. Investors await more US data for further cues on the metal this week.
Silver prices slipped due to weak industrial demand and poor offtake by coin makers.
Date | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver Price (per kg) |
---|---|---|---|
Nov 25 | ₹72,990 | ₹79,630 | ₹91,900 |
Nov 22 | ₹72,250 | ₹78,820 | ₹92,000 |
Nov 21 | ₹71,160 | ₹77,630 | ₹92,100 |
Nov 19 | ₹69,960 | ₹76,320 | ₹89,400 |
Nov 18 | ₹69,340 | ₹75,640 | ₹89,400 |
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