Gold Price Today: Gold slips for the second consecutive day; here are the current rates from Delhi to Patna...

Gold Rate Today in India: Signals from the US Federal Reserve regarding interest rate hikes this year and a strengthening dollar have dampened the appeal of non-interest-bearing assets like gold. After a day of stability, gold prices in the national capital, Delhi, have dropped for the second consecutive day. Over these two days, the price of 10 grams of 24-carat gold has fallen by ₹2,030, while 22-carat gold has become cheaper by ₹1,860. Before the day of stability, prices had risen by ₹2,620 for 10 grams of 24-carat gold and ₹2,400 for 22-carat gold over two days. As for today, the price of 10 grams of both 24-carat and 22-carat gold in Delhi has decreased by ₹10.

Regarding silver, sluggish industrial demand has exerted downward pressure on prices, dulling its shine. After remaining stable for three consecutive days, prices have dropped today; the cost of one kilogram of silver has decreased by ₹100. 

City-wise Gold Rates
City        24-Carat Gold Rate (10g)    22-Carat Gold Rate (10g)    18-Carat Gold Rate (10g)
Delhi        ₹1,42,070                                        ₹1,30,240                 ₹1,06,590
Mumbai    ₹1,41,920                                      ₹1,30,090                  ₹1,06,440
Kolkata     ₹1,41,920                                      ₹1,30,090                   ₹1,06,440
Chennai     ₹1,45,080                                     ₹1,32,990                 ₹1,11,240
Bengaluru    ₹1,41,920                                   ₹1,30,090                 ₹1,06,440
Hyderabad    ₹1,41,920                                   ₹1,30,090                ₹1,06,440
Lucknow     ₹1,42,070                                    ₹1,30,240                  ₹1,06,590
Patna       ₹1,41,970                                       ₹1,30,140                 ₹1,06,490
Jaipur         ₹1,42,070                                    ₹1,30,240                 ₹1,06,590
Ahmedabad    ₹1,41,970                                    ₹1,30,140            ₹1,06,490

Silver Prices Drop After Three Days of Stability

As for silver, prices have declined today following three days of stability. Before this three-day stable spell, the price of one kilogram of silver had risen by ₹5,000 on June 26 and fallen by ₹10,000 on June 25. Today, in Delhi, the price has dropped by ₹100 per kilogram, bringing the selling rate to ₹2,39,900. In other major metropolitan cities like Mumbai and Kolkata, it is also trading at this same rate. However, the price of one kilogram of silver in Chennai is ₹2,44,900, meaning silver is most expensive in Chennai among the four major metropolitan cities.

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