Gold price today: 24k gold rate around ₹78,700 in Delhi; check prices in your city on December 11

Gold prices increased by ₹820 per 10 grams in major Indian cities on Wednesday as the purchases by the Chinese central bank after six months boosted the yellow metal.

The precious metal traded above $2,700 an ounce in global markets is ahead of the US inflation data, which supports local prices. The signals of bolder stimulus measures by China next year have also boosted metals like gold and silver.

Spot gold gained 0.23% to $2,700.03 an ounce in early Asian trade. In overnight trade, the metal moved between $2,693 and $2,704 an ounce.

Gold Price Today in India (December 11, 2024)

In Delhi markets, 24K gold prices recovered by ₹ 820 to ₹78,760 per 10 grams and 22K gold by ₹ 750 to ₹72,210 per 10 grams. The 24K Gold in Mumbai rose to ₹78,610 per 10 grams and 22K gold by ₹ 750 to ₹72,060 per 10 grams.

Gold Price Today in Major Cities

Silver Price Today in India (December 11, 2024)

Silver prices shot up ₹4,700 to ₹96,600 per kg in major Indian cities in early trade on Wednesday after talks of fresh stimulus measures next month by China after Donald Trump takes over as the US president.

Positive global trends supported the white metal, while demand from industrial units and coin makers also boosted the metal.

Spot Silver rose by 0.04% to $31.94 an ounce in global markets. In overnight trade, the metal hit a high of $32.09 an ounce and a low of $31.87 an ounce.

Silver Price Today in Major Cities

Comparison of Gold and Silver Prices This Week

Gold rose for the second day on Wednesday in line with global trends ahead of the US inflation data. Silver prices also picked up momentum after trading flat in the last few days on the back of stimulus measures by China, which is a major metal buyer.

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