Gold and Silver Prices Drop Marginally in Indian Bullion Market

New Delhi, January 27 For the second consecutive day, the Indian bullion market witnessed a slight decline in gold and silver prices. The price of 24-carat gold is trading between ₹82,410 to ₹82,560 per 10 grams in most major markets across the country, while 22-carat gold is priced between ₹75,540 to ₹75,690 per 10 grams. Silver prices have also weakened, with the shiny metal trading at ₹97,400 per kilogram in the Delhi bullion market.

City-Wise Gold Prices

Delhi

• 24-carat gold: ₹82,560 per 10 grams
• 22-carat gold: ₹75,690 per 10 grams

Mumbai

• 24-carat gold: ₹82,410 per 10 grams
• 22-carat gold: ₹75,540 per 10 grams

Ahmedabad

• 24-carat gold: ₹82,460 per 10 grams
• 22-carat gold: ₹75,590 per 10 grams

Chennai

• 24-carat gold: ₹82,410 per 10 grams
• 22-carat gold: ₹75,540 per 10 grams

Kolkata

• 24-carat gold: ₹82,410 per 10 grams
• 22-carat gold: ₹75,540 per 10 grams

Other Prominent Markets

• Lucknow:
  • 24-carat gold: ₹82,560 per 10 grams
  • 22-carat gold: ₹75,690 per 10 grams
• Patna:
  • 24-carat gold: ₹82,460 per 10 grams
  • 22-carat gold: ₹75,590 per 10 grams
• Jaipur:
  • 24-carat gold: ₹82,560 per 10 grams
  • 22-carat gold: ₹75,690 per 10 grams

Prices in Southern Markets

The states of Karnataka, Telangana, and Odisha also recorded marginal declines in gold prices:

• Bengaluru, Hyderabad, and Bhubaneswar:
  • 24-carat gold: ₹82,410 per 10 grams
  • 22-carat gold: ₹75,540 per 10 grams

Silver Prices

In Delhi, silver is trading at ₹97,400 per kilogram, reflecting a slight decrease in the metal’s value.

Market Trends and Forecast

While gold and silver prices have dipped marginally, they remain near record highs. Market experts attribute the decline to fluctuating international market conditions and reduced demand in the domestic market.

Gold and Silver Prices Drop Marginally in Indian Bullion Market