Market News
3 min read | Updated on November 28, 2024, 11:05 IST
SUMMARY
In Delhi markets, 24K gold prices recovered by ₹290 to ₹77,670 per 10 grams and 22K gold by ₹270 to ₹71,210 per 10 grams. Silver prices remained flat at ₹89,400 per kg in major Indian cities on Thursday amid weak global trends and some local demand from industrial units.
Gold prices remained in range globally, after Dollar index came under pressure
Gold prices recovered by ₹290 per 10 grams in major Indian cities on Thursday, snapping the three-day losing streak as the US dollar and bond yields took a breather. Gold prices have moved in tandem with the recent global trends after the end of festive season demand. However, the ongoing wedding season demand has supported gold prices at high levels in local markets.
The US dollar index retreated to 106.22 level after easing geopolitical worries as Israel Lebanon truce held for the first day.
The spot gold slipped 0.23% to $2,630 an ounce in early Asian trade. The metal moved in a narrow range from $2,621 an ounce to $2,638 an ounce in overnight trade.
Gold Price Today in India (November 28, 2024)
In Delhi markets, 24K gold prices recovered by ₹290 to ₹77,670 per 10 grams and 22K gold by ₹270 to ₹71,210 per 10 grams. Below is a detailed breakdown of gold prices across key cities:
City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
---|---|---|
Delhi | ₹71,210 | ₹77,670 |
Mumbai | ₹71,060 | ₹77,520 |
Chennai | ₹71,060 | ₹77,520 |
Kolkata | ₹71,060 | ₹77,520 |
Silver prices remained flat at ₹89,400 per kg in major Indian cities on Thursday amid weak global trends and some local demand from industrial units. Expectations of stimulus measures by China supported the metal while easing geopolitical worries capped gains.
Spot Silver dropped nearly 1% to $29.80 an ounce in global markets. The metal hit a high of $30.16 an ounce and a low of $29.64 an ounce in overnight trade.
City | Silver Price (per kg) |
---|---|
Delhi | ₹89,400 |
Mumbai | ₹89,400 |
Chennai | ₹97,900 |
Kolkata | ₹89,400 |
Gold picked some momentum after three days of fall as US dollar and bond yields took a breather on easing geopolitical tensions between Israel and Lebanon.
Silver prices remained flat due to mixed global cues.
Date | 22K Gold (per 10g) | 24K Gold (per 10g) | Silver Price (per kg) |
---|---|---|---|
Nov 28 | ₹71,060 | ₹77,520 | ₹89,400 |
Nov 27 | ₹70,790 | ₹77,230 | ₹89,400 |
Nov 26 | ₹71,990 | ₹78,540 | ₹91,400 |
Nov 25 | ₹72,990 | ₹79,630 | ₹91,900 |
Nov 22 | ₹72,250 | ₹78,820 | ₹92,000 |
Nov 21 | ₹71,160 | ₹77,630 | ₹92,100 |
All mumbai rates
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